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406 Swanson Dr SW, Lenoir, NC 28645

3 beds • 2 baths • 1609 sqft

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This property looks like a bad Mid-Term investment with a projected -1.55% first-year return on $68,904 initial cash invested.

-1.55%

Cash On Cash

6.07%

Cap Rate

0.99

DSCR

$1,989

Rent

-$89

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,904

Downpayment

20%

$48,480

Closing costs

1%

$2,424

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,989

Total Expenses

$2,078

Mortgage P&I

62%

$1,236

Property Taxes

4%

$76

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$239

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$219

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