REI Lense

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$4,452 (target)

5522 Gilboa Rd, Marshville, NC 28103

3 beds • 3 baths • 2480 sqft

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This property might be a fair Mid-Term investment with a projected 8.65% first-year return on $97,800 initial cash invested.

8.65%

Cash On Cash

8.85%

Cap Rate

1.46

DSCR

$4,452

Rent

$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,452 income − $3,747 expenses = $705 cash flow

Income$4,452Mortgage P&I$1,91943%Property Taxes$1814%Insurance$1333%Management$53412%CapEx$1784%Vacancy$1343%Maintenance$1784%Other$49011%Cash Flow$705

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,452

Total Expenses

$3,747

Mortgage P&I

43%

$1,919

Property Taxes

4%

$181

Home Insurance

3%

$133

HOA

0%

$0

Property Management

12%

$534

CapEx

4%

$178

Vacancy

3%

$134

Maintenance

4%

$178

Other

11%

$490

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