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$3,153 (target)

2853 Leatherman Gap Rd, Franklin, NC 28734

3 beds • 2 baths • sqft

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This property might be a fair Mid-Term investment with a projected 7.72% first-year return on $77,850 initial cash invested.

7.72%

Cash On Cash

8.56%

Cap Rate

1.45

DSCR

$3,153

Rent

$501

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,153 income − $2,652 expenses = $501 cash flow

Income$3,153Mortgage P&I$1,40745%Property Taxes$732%Insurance$1003%Management$37812%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34711%Cash Flow$501

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,153

Total Expenses

$2,652

Mortgage P&I

45%

$1,407

Property Taxes

2%

$73

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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