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$2,709 (target)

2504 Ashford Dr, Newton, NC 28658

3 beds • 2 baths • 1617 sqft

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This property might be a fair Mid-Term investment with a projected 3.41% first-year return on $74,700 initial cash invested.

3.41%

Cash On Cash

7.53%

Cap Rate

1.23

DSCR

$2,709

Rent

$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,709 income − $2,497 expenses = $212 cash flow

Income$2,709Mortgage P&I$1,37551%Property Taxes$1064%Insurance$964%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$212

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,709

Total Expenses

$2,497

Mortgage P&I

51%

$1,375

Property Taxes

4%

$106

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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