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$1,848 (target)

2411 Sink St, Winston Salem, NC 27107

3 beds • 3 baths • 950 sqft

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This property might be a fair Mid-Term investment with a projected 9.36% first-year return on $47,043 initial cash invested.

9.36%

Cash On Cash

10.38%

Cap Rate

1.58

DSCR

$1,848

Rent

$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,848 income − $1,481 expenses = $367 cash flow

Income$1,848Mortgage P&I$75541%Property Taxes$422%Insurance$563%Management$22212%CapEx$744%Vacancy$553%Maintenance$744%Other$20311%Cash Flow$367

Investment Breakdown

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Purchase Price

$138k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,043

Downpayment

20%

$27,660

Closing costs

1%

$1,383

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,848

Total Expenses

$1,481

Mortgage P&I

41%

$755

Property Taxes

2%

$42

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$222

CapEx

4%

$74

Vacancy

3%

$55

Maintenance

4%

$74

Other

11%

$203

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