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201 Sky Crest Ave, Shelby, NC 28152

3 beds • 2 baths • 1484 sqft

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This property might be a fair Mid-Term investment with a projected 8.19% first-year return on $71,487 initial cash invested.

8.19%

Cash On Cash

8.6%

Cap Rate

1.5

DSCR

$2,985

Rent

$488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,487

Downpayment

20%

$50,940

Closing costs

1%

$2,547

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,985

Total Expenses

$2,497

Mortgage P&I

41%

$1,218

Property Taxes

6%

$172

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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