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3153 Village Dr, Morganton, NC 28655

3 beds • 3 baths • 1717 sqft

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This property looks like a bad Long-Term investment with a projected -7.63% first-year return on $73,794 initial cash invested.

-7.63%

Cash On Cash

4.62%

Cap Rate

0.79

DSCR

$2,082

Rent

-$469

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

$73,794

Downpayment

20%

$70,280

Closing costs

1%

$3,514

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,082

Total Expenses

$2,551

Mortgage P&I

82%

$1,717

Property Taxes

8%

$167

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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