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$3,661 (target)

5149 Deer Meadow Ln, Morganton, NC 28655

3 beds • 4 baths • 2969 sqft

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This property looks like a bad Long-Term investment with a projected -10.48% first-year return on $156k initial cash invested.

-10.48%

Cash On Cash

4.1%

Cap Rate

0.68

DSCR

$3,661

Rent

-$1,362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,661 income − $5,023 expenses = $1,362 out of pocket

Income$3,661Out of Pocket$1,362Mortgage P&I$3,716102%Property Taxes$1895%Insurance$1665%Management$36610%CapEx$1835%Vacancy$2206%Maintenance$1835%

Investment Breakdown

|

Purchase Price

$742k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$148k

Closing costs

1%

$7,423

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,661

Total Expenses

$5,023

Mortgage P&I

101%

$3,716

Property Taxes

5%

$189

Home Insurance

5%

$166

HOA

0%

$0

Property Management

10%

$366

CapEx

5%

$183

Vacancy

6%

$220

Maintenance

5%

$183

Other

0%

$0

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