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$2,433 (target)

801 Tryon St, Shelby, NC 28150

3 beds • 2 baths • 1415 sqft

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This property might be a fair Mid-Term investment with a projected 8.29% first-year return on $58,929 initial cash invested.

8.29%

Cash On Cash

9.57%

Cap Rate

1.48

DSCR

$2,433

Rent

$407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,433 income − $2,026 expenses = $407 cash flow

Income$2,433Mortgage P&I$1,05043%Property Taxes$974%Insurance$522%Management$29212%CapEx$974%Vacancy$733%Maintenance$974%Other$26811%Cash Flow$407

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,929

Downpayment

20%

$38,980

Closing costs

1%

$1,949

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,433

Total Expenses

$2,026

Mortgage P&I

43%

$1,050

Property Taxes

4%

$97

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$292

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$268

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