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1000 Brookgreen Dr, Cary, NC 27511

3 beds • 2 baths • 1699 sqft

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This property looks like a bad Long-Term investment with a projected -15.1% first-year return on $98,553 initial cash invested.

-15.1%

Cash On Cash

3.12%

Cap Rate

0.52

DSCR

$2,180

Rent

-$1,240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,553

Downpayment

20%

$93,860

Closing costs

1%

$4,693

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,180

Total Expenses

$3,420

Mortgage P&I

108%

$2,353

Property Taxes

15%

$334

Home Insurance

8%

$166

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1505 Highland Trl, Cary, NC 27511

$2,050

3

2

1692

0.6 mi

109 Castle Bay Ct, Cary, NC 27511

$2,430

3

2

1732

1.3 mi

109 Swallow Hill Ct, Cary, NC 27513

$1,750

3

2

1739

1.3 mi

214 Riverwalk Cir, Cary, NC 27511

$1,850

3

2.5

1721

0.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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