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$3,038 (target)

1906 Sunshine Ct, Hope Mills, NC 28348

3 beds • 3 baths • 2275 sqft

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This property might be a fair Mid-Term investment with a projected 2.65% first-year return on $81,504 initial cash invested.

2.65%

Cash On Cash

7.31%

Cap Rate

1.2

DSCR

$3,038

Rent

$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,038 income − $2,858 expenses = $180 cash flow

Income$3,038Mortgage P&I$1,53951%Property Taxes$1786%Insurance$1074%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33411%Cash Flow$180

Investment Breakdown

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Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,504

Downpayment

20%

$60,480

Closing costs

1%

$3,024

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,038

Total Expenses

$2,858

Mortgage P&I

51%

$1,539

Property Taxes

6%

$178

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$334

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