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$2,706 (target)

2734 Orchard St, Newton, NC 28658

3 beds • 2 baths • 1705 sqft

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This property might be a fair Mid-Term investment with a projected 0.88% first-year return on $78,795 initial cash invested.

0.88%

Cash On Cash

6.86%

Cap Rate

1.11

DSCR

$2,706

Rent

$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,706 income − $2,648 expenses = $58 cash flow

Income$2,706Mortgage P&I$1,48955%Property Taxes$1385%Insurance$1014%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$58

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,795

Downpayment

20%

$57,900

Closing costs

1%

$2,895

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,706

Total Expenses

$2,648

Mortgage P&I

55%

$1,489

Property Taxes

5%

$138

Home Insurance

4%

$101

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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