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729 Montgomery Ave, Albemarle, NC 28001

3 beds • 3 baths • 2451 sqft

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This property looks like a bad Long-Term investment with a projected -8.5% first-year return on $76,629 initial cash invested.

-8.5%

Cash On Cash

4.44%

Cap Rate

0.76

DSCR

$2,184

Rent

-$543

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

$76,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,184

Total Expenses

$2,727

Mortgage P&I

82%

$1,785

Property Taxes

11%

$247

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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