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1836 Caracara Drive, New Bern, NC 28560

3 beds • 2 baths • 1608 sqft

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This property might be a fair Mid-Term investment with a projected 2.06% first-year return on $75,078 initial cash invested.

2.06%

Cash On Cash

7.39%

Cap Rate

1.17

DSCR

$2,808

Rent

$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,078

Downpayment

20%

$54,360

Closing costs

1%

$2,718

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,808

Total Expenses

$2,679

Mortgage P&I

51%

$1,432

Property Taxes

3%

$87

Home Insurance

3%

$82

HOA

4%

$124

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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