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$5,492 (target)

5149 Deer Meadow Ln, Morganton, NC 28655

3 beds • 4 baths • 2969 sqft

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This property looks like a bad Mid-Term investment with a projected -3.08% first-year return on $174k initial cash invested.

-3.08%

Cash On Cash

5.64%

Cap Rate

0.94

DSCR

$5,492

Rent

-$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,492 income − $5,939 expenses = $447 out of pocket

Income$5,492Out of Pocket$447Mortgage P&I$3,71668%Property Taxes$1893%Insurance$1663%Management$65912%CapEx$2204%Vacancy$1653%Maintenance$2204%Other$60411%

Investment Breakdown

|

Purchase Price

$742k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$148k

Closing costs

1%

$7,423

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,492

Total Expenses

$5,939

Mortgage P&I

68%

$3,716

Property Taxes

3%

$189

Home Insurance

3%

$166

HOA

0%

$0

Property Management

12%

$659

CapEx

4%

$220

Vacancy

3%

$165

Maintenance

4%

$220

Other

11%

$604

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