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10107 S Colony South Dr Lot 109, Nags Head, NC 27959
3 beds • 2 baths • 1028 sqft
$625,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -10.56% first-year return on $149k initial cash invested.
-10.56%
Cash On Cash
3.72%
Cap Rate
0.62
DSCR
$3,424
Rent
-$1,313
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,424 income − $4,737 expenses = $1,313 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,424
Total Expenses
$4,737
Mortgage P&I
91%
$3,113
Property Taxes
7%
$240
Home Insurance
6%
$219
HOA
0%
$0
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377