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$3,136 (target)

741 Morrow Branch Rd, Leicester, NC 28748

3 beds • 2 baths • 1987 sqft

$1,753,100

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This property looks like a bad Mid-Term investment with a projected -22.09% first-year return on $386k initial cash invested.

-22.09%

Cash On Cash

1.11%

Cap Rate

0.19

DSCR

$3,136

Rent

-$7,108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,136 income − $10,244 expenses = $7,108 out of pocket

Income$3,136Out of Pocket$7,108Mortgage P&I$8,605274%Property Taxes$31210%Insurance$2628%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%

Investment Breakdown

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Purchase Price

$1753k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$386k

Downpayment

20%

$351k

Closing costs

1%

$17,531

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,136

Total Expenses

$10,244

Mortgage P&I

274%

$8,605

Property Taxes

10%

$312

Home Insurance

8%

$262

HOA

0%

$0

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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