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515 Smokehouse Ln #73, Albemarle, NC 28001

3 beds • 2 baths • 1678 sqft

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This property might be a fair Mid-Term investment with a projected 3.63% first-year return on $80,391 initial cash invested.

3.63%

Cash On Cash

7.23%

Cap Rate

1.25

DSCR

$2,918

Rent

$243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,391

Downpayment

20%

$59,420

Closing costs

1%

$2,971

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,918

Total Expenses

$2,675

Mortgage P&I

49%

$1,430

Property Taxes

4%

$130

Home Insurance

4%

$105

HOA

1%

$17

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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