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$2,503 (target)

2062 Van Buren Rd, Sherrills Ford, NC 28673

3 beds • 3 baths • 2413 sqft

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This property looks like a bad Long-Term investment with a projected -5.8% first-year return on $80,052 initial cash invested.

-5.8%

Cash On Cash

5.28%

Cap Rate

0.86

DSCR

$2,503

Rent

-$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,503 income − $2,890 expenses = $387 out of pocket

Income$2,503Out of Pocket$387Mortgage P&I$1,94078%Property Taxes$1657%Insurance$1355%Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

|

Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,052

Downpayment

20%

$76,240

Closing costs

1%

$3,812

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,503

Total Expenses

$2,890

Mortgage P&I

78%

$1,940

Property Taxes

7%

$165

Home Insurance

5%

$135

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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