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$2,241 (target)

1674 Harris Henrietta Rd, Forest City, NC 28043

3 beds • 2 baths • 1289 sqft

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This property might be a fair Mid-Term investment with a projected 1.32% first-year return on $67,077 initial cash invested.

1.32%

Cash On Cash

7.09%

Cap Rate

1.13

DSCR

$2,241

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,241 income − $2,167 expenses = $74 cash flow

Income$2,241Mortgage P&I$1,21654%Property Taxes$1145%Insurance$743%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$74

Investment Breakdown

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Purchase Price

$234k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,077

Downpayment

20%

$46,740

Closing costs

1%

$2,337

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,241

Total Expenses

$2,167

Mortgage P&I

54%

$1,216

Property Taxes

5%

$114

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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