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$2,091 (target)

386 Oakwood Heights Dr, Lumberton, NC 28358

3 beds • 2 baths • 1291 sqft

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This property might be a fair Mid-Term investment with a projected 5.17% first-year return on $57,123 initial cash invested.

5.17%

Cash On Cash

8.7%

Cap Rate

1.32

DSCR

$2,091

Rent

$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,091 income − $1,845 expenses = $246 cash flow

Income$2,091Mortgage P&I$1,02049%Property Taxes$472%Insurance$663%Management$25112%CapEx$844%Vacancy$633%Maintenance$844%Other$23011%Cash Flow$246

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,123

Downpayment

20%

$37,260

Closing costs

1%

$1,863

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,091

Total Expenses

$1,845

Mortgage P&I

49%

$1,020

Property Taxes

2%

$47

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$251

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$230

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