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$2,037 (target)

315 Shannonbrook Dr, Newton, NC 28658

3 beds • 2 baths • 1064 sqft

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This property looks like a bad Mid-Term investment with a projected -0.66% first-year return on $65,250 initial cash invested.

-0.66%

Cash On Cash

6.52%

Cap Rate

1.04

DSCR

$2,037

Rent

-$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,037 income − $2,073 expenses = $36 out of pocket

Income$2,037Out of Pocket$36Mortgage P&I$1,17758%Property Taxes$1266%Insurance$794%Management$24412%CapEx$814%Vacancy$613%Maintenance$814%Other$22411%

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,037

Total Expenses

$2,073

Mortgage P&I

58%

$1,177

Property Taxes

6%

$126

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$224

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