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$3,754 (target)

498 Plantation Dr, Rutherfordton, NC 28139

3 beds • 3 baths • 3490 sqft

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This property looks like a bad Mid-Term investment with a projected -1.7% first-year return on $110k initial cash invested.

-1.7%

Cash On Cash

6.05%

Cap Rate

1

DSCR

$3,754

Rent

-$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,754 income − $3,910 expenses = $156 out of pocket

Income$3,754Out of Pocket$156Mortgage P&I$2,22459%Property Taxes$2497%Insurance$1614%Management$45012%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41311%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$88,040

Closing costs

1%

$4,402

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,754

Total Expenses

$3,910

Mortgage P&I

59%

$2,224

Property Taxes

7%

$249

Home Insurance

4%

$161

HOA

0%

$0

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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