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$3,243 (target)

2299 Winterberry Dr, Winston Salem, NC 27106

3 beds • 3 baths • 1839 sqft

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This property might be a fair Mid-Term investment with a projected 2.42% first-year return on $83,940 initial cash invested.

2.42%

Cash On Cash

7.59%

Cap Rate

1.18

DSCR

$3,243

Rent

$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,243 income − $3,074 expenses = $169 cash flow

Income$3,243Mortgage P&I$1,68752%Property Taxes$1705%Insurance$1144%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%Cash Flow$169

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,940

Downpayment

20%

$62,800

Closing costs

1%

$3,140

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,243

Total Expenses

$3,074

Mortgage P&I

52%

$1,687

Property Taxes

5%

$170

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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