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$3,728 (target)

280 Lynn Hill Road, Boone, NC 28607

3 beds • 2 baths • 1390 sqft

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This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $98,073 initial cash invested.

3.98%

Cash On Cash

7.53%

Cap Rate

1.25

DSCR

$3,728

Rent

$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,728 income − $3,403 expenses = $325 cash flow

Income$3,728Mortgage P&I$1,91851%Property Taxes$782%Insurance$1404%Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41011%Cash Flow$325

Investment Breakdown

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Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,073

Downpayment

20%

$76,260

Closing costs

1%

$3,813

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,728

Total Expenses

$3,403

Mortgage P&I

51%

$1,918

Property Taxes

2%

$78

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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