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3485 Bridgeford Ln, Newton, NC 28658

3 beds • 2 baths • 2320 sqft

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This property looks like a bad Long-Term investment with a projected -18.15% first-year return on $130k initial cash invested.

-18.15%

Cash On Cash

2.15%

Cap Rate

0.37

DSCR

$1,897

Rent

-$1,969

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$124k

Closing costs

1%

$6,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,897

Total Expenses

$3,866

Mortgage P&I

157%

$2,983

Property Taxes

9%

$172

Home Insurance

11%

$217

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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