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$6,312 (target)

5882 Harmony Grove Rd, Nebo, NC 28761

3 beds • 3 baths • 2574 sqft

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This property could be a profitable Mid-Term investment with a projected 14.59% first-year return on $120k initial cash invested.

14.59%

Cash On Cash

10.21%

Cap Rate

1.71

DSCR

$6,312

Rent

$1,457

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,312 income − $4,855 expenses = $1,457 cash flow

Income$6,312Mortgage P&I$2,41738%Property Taxes$1192%Insurance$1753%Management$75712%CapEx$2524%Vacancy$1893%Maintenance$2524%Other$69411%Cash Flow$1,457

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,960

Closing costs

1%

$4,848

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,312

Total Expenses

$4,855

Mortgage P&I

38%

$2,417

Property Taxes

2%

$119

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$757

CapEx

4%

$252

Vacancy

3%

$189

Maintenance

4%

$252

Other

11%

$694

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