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$2,484 (target)

558 Snuggs St, Albemarle, NC 28001

3 beds • 2 baths • 1202 sqft

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This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $73,650 initial cash invested.

0.57%

Cash On Cash

6.79%

Cap Rate

1.1

DSCR

$2,484

Rent

$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,484 income − $2,449 expenses = $35 cash flow

Income$2,484Mortgage P&I$1,36555%Property Taxes$1476%Insurance$934%Management$29812%CapEx$994%Vacancy$753%Maintenance$994%Other$27311%Cash Flow$35

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,484

Total Expenses

$2,449

Mortgage P&I

55%

$1,365

Property Taxes

6%

$147

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$75

Maintenance

4%

$99

Other

11%

$273

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