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$2,080 (target)

331 Woodside Dr, Shelby, NC 28150

3 beds • 2 baths • 1888 sqft

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This property looks like a bad Mid-Term investment with a projected -3.34% first-year return on $74,679 initial cash invested.

-3.34%

Cash On Cash

5.43%

Cap Rate

0.91

DSCR

$2,080

Rent

-$208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,080 income − $2,288 expenses = $208 out of pocket

Income$2,080Out of Pocket$208Mortgage P&I$1,34765%Property Taxes$1407%Insurance$945%Management$25012%CapEx$834%Vacancy$623%Maintenance$834%Other$22911%

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,080

Total Expenses

$2,288

Mortgage P&I

65%

$1,347

Property Taxes

7%

$140

Home Insurance

5%

$94

HOA

0%

$0

Property Management

12%

$250

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$229

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