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$3,754 (target)

2062 Van Buren Rd, Sherrills Ford, NC 28673

3 beds • 3 baths • 2413 sqft

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This property might be a fair Mid-Term investment with a projected 2.91% first-year return on $98,052 initial cash invested.

2.91%

Cash On Cash

7.33%

Cap Rate

1.2

DSCR

$3,754

Rent

$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,754 income − $3,516 expenses = $238 cash flow

Income$3,754Mortgage P&I$1,94052%Property Taxes$1654%Insurance$1354%Management$45012%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41311%Cash Flow$238

Investment Breakdown

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Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,052

Downpayment

20%

$76,240

Closing costs

1%

$3,812

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,754

Total Expenses

$3,516

Mortgage P&I

52%

$1,940

Property Taxes

4%

$165

Home Insurance

4%

$135

HOA

0%

$0

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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