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$4,089 (target)

187 Sheehan Rd, Fletcher, NC 28732

3 beds • 2 baths • 1720 sqft

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This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $111k initial cash invested.

1.08%

Cash On Cash

6.92%

Cap Rate

1.12

DSCR

$4,089

Rent

$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,089 income − $3,989 expenses = $100 cash flow

Income$4,089Mortgage P&I$2,27956%Property Taxes$1664%Insurance$1524%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%Cash Flow$100

Investment Breakdown

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Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,200

Closing costs

1%

$4,410

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,089

Total Expenses

$3,989

Mortgage P&I

56%

$2,279

Property Taxes

4%

$166

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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