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$2,757 (target)

404 N Greenbriar Rd, Statesville, NC 28625

3 beds • 2 baths • 1856 sqft

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This property might be a fair Mid-Term investment with a projected 0.83% first-year return on $79,068 initial cash invested.

0.83%

Cash On Cash

6.71%

Cap Rate

1.11

DSCR

$2,757

Rent

$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,757 income − $2,702 expenses = $55 cash flow

Income$2,757Mortgage P&I$1,46053%Property Taxes$2007%Insurance$1054%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%Cash Flow$55

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,068

Downpayment

20%

$58,160

Closing costs

1%

$2,908

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,757

Total Expenses

$2,702

Mortgage P&I

53%

$1,460

Property Taxes

7%

$200

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

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