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$2,936 (target)

2307 Meadow Stream Dr, Sherrills Ford, NC 28673

3 beds • 3 baths • 2164 sqft

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This property looks like a bad Mid-Term investment with a projected -1.53% first-year return on $91,815 initial cash invested.

-1.53%

Cash On Cash

5.93%

Cap Rate

1

DSCR

$2,936

Rent

-$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,936 income − $3,053 expenses = $117 out of pocket

Income$2,936Out of Pocket$117Mortgage P&I$1,73859%Property Taxes$1475%Insurance$1254%HOA$462%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32311%

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,815

Downpayment

20%

$70,300

Closing costs

1%

$3,515

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,936

Total Expenses

$3,053

Mortgage P&I

59%

$1,738

Property Taxes

5%

$147

Home Insurance

4%

$125

HOA

2%

$46

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$323

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