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$2,315 (target)

39 Henry White Ln, Leicester, NC 28748

3 beds • 2 baths • 2052 sqft

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This property could be a profitable Long-Term investment with a projected 23.25% first-year return on $33,390 initial cash invested.

23.25%

Cash On Cash

12.06%

Cap Rate

1.91

DSCR

$2,315

Rent

$647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,315 income − $1,668 expenses = $647 cash flow

Income$2,315Mortgage P&I$83536%Property Taxes$1185%Insurance$562%HOA$562%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%Cash Flow$647

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,315

Total Expenses

$1,668

Mortgage P&I

36%

$835

Property Taxes

5%

$118

Home Insurance

2%

$56

HOA

2%

$56

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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