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719 Chestnut Ridge Church Rd, Kings Mountain, NC 28086
3 beds • 2 baths • 1485 sqft
$324,900
View on ZillowThis property might be a fair Mid-Term investment with a projected 0.08% first-year return on $86,229 initial cash invested.
0.08%
Cash On Cash
6.52%
Cap Rate
1.08
DSCR
$3,010
Rent
$6
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,010 income − $3,004 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,010
Total Expenses
$3,004
Mortgage P&I
54%
$1,638
Property Taxes
8%
$230
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331