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3328 Sulphur Springs Rd NE, Hickory, NC 28601

3 beds • 2 baths • 1781 sqft

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This property looks like a bad Mid-Term investment with a projected -4.86% first-year return on $97,590 initial cash invested.

-4.86%

Cash On Cash

4.93%

Cap Rate

0.84

DSCR

$2,482

Rent

-$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,590

Downpayment

20%

$75,800

Closing costs

1%

$3,790

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,482

Total Expenses

$2,877

Mortgage P&I

75%

$1,854

Property Taxes

2%

$47

Home Insurance

5%

$133

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$273

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