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$5,037 (target)

89 N Wintergarden Rd, Fletcher, NC 28732

3 beds • 3 baths • 1960 sqft

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This property might be a fair Mid-Term investment with a projected 6.27% first-year return on $110k initial cash invested.

6.27%

Cash On Cash

8.66%

Cap Rate

1.32

DSCR

$5,037

Rent

$577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,037 income − $4,460 expenses = $577 cash flow

Income$5,037Mortgage P&I$2,39748%Property Taxes$1774%Insurance$1753%Management$60412%CapEx$2014%Vacancy$1513%Maintenance$2014%Other$55411%Cash Flow$577

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$88,020

Closing costs

1%

$4,401

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,037

Total Expenses

$4,460

Mortgage P&I

48%

$2,397

Property Taxes

4%

$177

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$604

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$554

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