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214 Derby Park Avenue, New Bern, NC 28562

3 beds • 2 baths • 1270 sqft

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This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $72,663 initial cash invested.

1.95%

Cash On Cash

6.93%

Cap Rate

1.17

DSCR

$2,522

Rent

$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,663

Downpayment

20%

$52,060

Closing costs

1%

$2,603

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,522

Total Expenses

$2,404

Mortgage P&I

51%

$1,285

Property Taxes

6%

$145

Home Insurance

4%

$91

HOA

1%

$25

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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