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699 Sellerstown Rd, Cherryville, NC 28021

3 beds • 2 baths • 1309 sqft

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This property looks like a bad Long-Term investment with a projected -14.73% first-year return on $84,903 initial cash invested.

-14.73%

Cash On Cash

2.89%

Cap Rate

0.5

DSCR

$1,668

Rent

-$1,042

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$404k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,903

Downpayment

20%

$80,860

Closing costs

1%

$4,043

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,668

Total Expenses

$2,710

Mortgage P&I

116%

$1,934

Property Taxes

12%

$200

Home Insurance

9%

$143

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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