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$2,664 (target)

351 Eastwood Dr, Iron Station, NC 28092

3 beds • 2 baths • 1470 sqft

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This property looks like a bad Mid-Term investment with a projected -1.54% first-year return on $84,885 initial cash invested.

-1.54%

Cash On Cash

5.96%

Cap Rate

1

DSCR

$2,664

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $2,773 expenses = $109 out of pocket

Income$2,664Out of Pocket$109Mortgage P&I$1,58459%Property Taxes$1676%Insurance$1154%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,885

Downpayment

20%

$63,700

Closing costs

1%

$3,185

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,664

Total Expenses

$2,773

Mortgage P&I

59%

$1,584

Property Taxes

6%

$167

Home Insurance

4%

$115

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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