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$2,934 (target)

3409 Everetts School Rd, Roanoke Rapids, NC 27870

3 beds • 4 baths • 2928 sqft

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This property might be a fair Mid-Term investment with a projected 6.45% first-year return on $67,329 initial cash invested.

6.45%

Cash On Cash

9.08%

Cap Rate

1.37

DSCR

$2,934

Rent

$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,934 income − $2,572 expenses = $362 cash flow

Income$2,934Mortgage P&I$1,29844%Property Taxes$1957%Insurance$823%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32311%Cash Flow$362

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,934

Total Expenses

$2,572

Mortgage P&I

44%

$1,298

Property Taxes

7%

$195

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$323

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