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2670 N Olivers Xrds, Newton, NC 28658

3 beds • 2 baths • 1978 sqft

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This property looks like a bad Long-Term investment with a projected -5.11% first-year return on $61,509 initial cash invested.

-5.11%

Cash On Cash

5.17%

Cap Rate

0.88

DSCR

$1,881

Rent

-$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,509

Downpayment

20%

$58,580

Closing costs

1%

$2,929

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,881

Total Expenses

$2,143

Mortgage P&I

76%

$1,431

Property Taxes

6%

$118

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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