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$2,649 (target)

488 John Swofford Rd, Nebo, NC 28761

3 beds • 2 baths • 1054 sqft

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This property could be a profitable Mid-Term investment with a projected 11.95% first-year return on $59,328 initial cash invested.

11.95%

Cash On Cash

10.66%

Cap Rate

1.66

DSCR

$2,649

Rent

$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,649 income − $2,058 expenses = $591 cash flow

Income$2,649Mortgage P&I$1,05140%Property Taxes$371%Insurance$703%Management$31812%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$591

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,328

Downpayment

20%

$39,360

Closing costs

1%

$1,968

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,649

Total Expenses

$2,058

Mortgage P&I

40%

$1,051

Property Taxes

1%

$37

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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