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$2,522 (target)

1009 Amber Acres Ln, Knightdale, NC 27545

3 beds • 2 baths • 1028 sqft

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This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $67,749 initial cash invested.

2.69%

Cash On Cash

7.83%

Cap Rate

1.2

DSCR

$2,522

Rent

$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,522 income − $2,370 expenses = $152 cash flow

Income$2,522Mortgage P&I$1,29351%Property Taxes$1195%Insurance$863%HOA$141%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$152

Investment Breakdown

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Purchase Price

$237k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,749

Downpayment

20%

$47,380

Closing costs

1%

$2,369

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,522

Total Expenses

$2,370

Mortgage P&I

51%

$1,293

Property Taxes

5%

$119

Home Insurance

3%

$86

HOA

1%

$14

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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