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$2,793 (target)

627 Smokehouse Ln, Albemarle, NC 28001

3 beds • 2 baths • 1810 sqft

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This property might be a fair Mid-Term investment with a projected 2.46% first-year return on $75,498 initial cash invested.

2.46%

Cash On Cash

7.16%

Cap Rate

1.2

DSCR

$2,793

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,793 income − $2,638 expenses = $155 cash flow

Income$2,793Mortgage P&I$1,36749%Property Taxes$1997%Insurance$1054%HOA$171%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$155

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,498

Downpayment

20%

$54,760

Closing costs

1%

$2,738

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,793

Total Expenses

$2,638

Mortgage P&I

49%

$1,367

Property Taxes

7%

$199

Home Insurance

4%

$105

HOA

1%

$17

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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