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$2,412 (target)

3209 Greenwood Park Cir, Albemarle, NC 28001

3 beds • 2 baths • 1562 sqft

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This property might be a fair Mid-Term investment with a projected 0.82% first-year return on $72,096 initial cash invested.

0.82%

Cash On Cash

6.72%

Cap Rate

1.11

DSCR

$2,412

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,412 income − $2,363 expenses = $49 cash flow

Income$2,412Mortgage P&I$1,29854%Property Taxes$1546%Insurance$934%Management$28912%CapEx$964%Vacancy$723%Maintenance$964%Other$26511%Cash Flow$49

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,096

Downpayment

20%

$51,520

Closing costs

1%

$2,576

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,412

Total Expenses

$2,363

Mortgage P&I

54%

$1,298

Property Taxes

6%

$154

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

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