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$2,550 (target)

3628 Tea Berry Ridge Rd, Winston Salem, NC 27127

3 beds • 2 baths • 1260 sqft

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This property might be a fair Mid-Term investment with a projected 2.2% first-year return on $70,395 initial cash invested.

2.2%

Cash On Cash

7.05%

Cap Rate

1.19

DSCR

$2,550

Rent

$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,550 income − $2,421 expenses = $129 cash flow

Income$2,550Mortgage P&I$1,23548%Property Taxes$2329%Insurance$883%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%Cash Flow$129

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,550

Total Expenses

$2,421

Mortgage P&I

48%

$1,235

Property Taxes

9%

$232

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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