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3153 Village Dr, Morganton, NC 28655

3 beds • 3 baths • 1717 sqft

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This property might be a fair Mid-Term investment with a projected 0.65% first-year return on $91,794 initial cash invested.

0.65%

Cash On Cash

6.46%

Cap Rate

1.1

DSCR

$3,123

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,794

Downpayment

20%

$70,280

Closing costs

1%

$3,514

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$3,073

Mortgage P&I

55%

$1,717

Property Taxes

5%

$167

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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