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$2,804 (target)

823 N Laurel St, Lincolnton, NC 28092

3 beds • 2 baths • 1434 sqft

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This property might be a fair Mid-Term investment with a projected 3.9% first-year return on $74,196 initial cash invested.

3.9%

Cash On Cash

7.51%

Cap Rate

1.27

DSCR

$2,804

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,804 income − $2,563 expenses = $241 cash flow

Income$2,804Mortgage P&I$1,32247%Property Taxes$1776%Insurance$1124%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$241

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,196

Downpayment

20%

$53,520

Closing costs

1%

$2,676

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,804

Total Expenses

$2,563

Mortgage P&I

47%

$1,322

Property Taxes

6%

$177

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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