Zip Code 28560 — New Bern, NC
🟡MODERATE— average returnsCap Rate
4.1%
Monthly Cash Flow
-$504
Median Home Price
$269,440
DSCR
0.65
🏠 Fair Market Rents
- Studio
- $900/mo
- 1 Bedroom
- $910/mo
- 2 Bedroom
- $1,190/mo
- 3 Bedroom
- $1,600/mo
- 4 Bedroom
- $1,990/mo
📊 Investment Metrics
- Cap Rate
- 4.1%
- Cash-on-Cash Return
- -9.8%
- Price-to-Rent Ratio
- 14.0
- 1% Rule
- 0.59%
- Gross Rent Multiplier
- 14.0
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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