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$4,839 (target)

33 Souther Rd, Fletcher, NC 28732

3 beds • 3 baths • 2853 sqft

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This property might be a fair Mid-Term investment with a projected 6.46% first-year return on $115k initial cash invested.

6.46%

Cash On Cash

8.03%

Cap Rate

1.36

DSCR

$4,839

Rent

$621

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,839 income − $4,218 expenses = $621 cash flow

Income$4,839Mortgage P&I$2,28847%Property Taxes$742%Insurance$2104%Management$58112%CapEx$1944%Vacancy$1453%Maintenance$1944%Other$53211%Cash Flow$621

Investment Breakdown

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Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,740

Closing costs

1%

$4,637

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,839

Total Expenses

$4,218

Mortgage P&I

47%

$2,288

Property Taxes

2%

$74

Home Insurance

4%

$210

HOA

0%

$0

Property Management

12%

$581

CapEx

4%

$194

Vacancy

3%

$145

Maintenance

4%

$194

Other

11%

$532

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