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$2,697 (target)

2307 Tanner Rd, Marshville, NC 28103

3 beds • 2 baths • 1152 sqft

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This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $79,740 initial cash invested.

1.4%

Cash On Cash

6.84%

Cap Rate

1.14

DSCR

$2,697

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,697 income − $2,604 expenses = $93 cash flow

Income$2,697Mortgage P&I$1,47655%Property Taxes$1004%Insurance$1104%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$93

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,740

Downpayment

20%

$58,800

Closing costs

1%

$2,940

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,697

Total Expenses

$2,604

Mortgage P&I

55%

$1,476

Property Taxes

4%

$100

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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