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$3,150 (target)

903 Plantation Drive, New Bern, NC 28562

3 beds • 2 baths • 1850 sqft

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This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $91,248 initial cash invested.

0.96%

Cash On Cash

6.63%

Cap Rate

1.12

DSCR

$3,150

Rent

$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,150 income − $3,077 expenses = $73 cash flow

Income$3,150Mortgage P&I$1,72955%Property Taxes$1595%Insurance$1194%Management$37812%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%Cash Flow$73

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,248

Downpayment

20%

$69,760

Closing costs

1%

$3,488

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,150

Total Expenses

$3,077

Mortgage P&I

55%

$1,729

Property Taxes

5%

$159

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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