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729 Montgomery Ave, Albemarle, NC 28001

3 beds • 3 baths • 2451 sqft

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This property might be a fair Mid-Term investment with a projected 0.04% first-year return on $94,629 initial cash invested.

0.04%

Cash On Cash

6.31%

Cap Rate

1.08

DSCR

$3,276

Rent

$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,276

Total Expenses

$3,273

Mortgage P&I

54%

$1,785

Property Taxes

8%

$247

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

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