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$2,583 (target)

1008 Joe Collins Rd, Lillington, NC 27546

3 beds • 4 baths • 3045 sqft

$1,250,000

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This property looks like a bad Long-Term investment with a projected -22.6% first-year return on $263k initial cash invested.

-22.6%

Cash On Cash

1.25%

Cap Rate

0.21

DSCR

$2,583

Rent

-$4,943

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,583 income − $7,526 expenses = $4,943 out of pocket

Income$2,583Out of Pocket$4,943Mortgage P&I$6,111237%Property Taxes$30612%Insurance$43817%Management$25810%CapEx$1295%Vacancy$1556%Maintenance$1295%

Investment Breakdown

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Purchase Price

$1250k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$263k

Downpayment

20%

$250k

Closing costs

1%

$12,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,583

Total Expenses

$7,526

Mortgage P&I

237%

$6,111

Property Taxes

12%

$306

Home Insurance

17%

$438

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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