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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 Long-Term investment with a projected -17.21% first-year return on $131k initial cash invested.
-17.21%
Cash On Cash
2.58%
Cap Rate
0.43
DSCR
$2,283
Rent
-$1,882
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,283 income − $4,165 expenses = $1,882 out of pocket
Investment Breakdown
|
Purchase Price
$625k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,283
Total Expenses
$4,165
Mortgage P&I
136%
$3,113
Property Taxes
11%
$240
Home Insurance
10%
$219
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0