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$1,815 (target)

329 W F St, Newton, NC 28658

3 beds • 2 baths • 1530 sqft

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This property looks like a bad Long-Term investment with a projected -8.08% first-year return on $61,950 initial cash invested.

-8.08%

Cash On Cash

4.67%

Cap Rate

0.78

DSCR

$1,815

Rent

-$417

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,815 income − $2,232 expenses = $417 out of pocket

Income$1,815Out of Pocket$417Mortgage P&I$1,47581%Property Taxes$18110%Insurance$1036%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,815

Total Expenses

$2,232

Mortgage P&I

81%

$1,475

Property Taxes

10%

$181

Home Insurance

6%

$103

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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