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$1,944 (target)

1025 Lake Shore Dr, Wendell, NC 27591

3 beds • 3 baths • 2065 sqft

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This property looks like a bad Long-Term investment with a projected -22.66% first-year return on $145k initial cash invested.

-22.66%

Cash On Cash

1.69%

Cap Rate

0.27

DSCR

$1,944

Rent

-$2,745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,944 income − $4,689 expenses = $2,745 out of pocket

Income$1,944Out of Pocket$2,745Mortgage P&I$3,621186%Property Taxes$30916%Insurance$25413%Management$19410%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

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Purchase Price

$692k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$138k

Closing costs

1%

$6,921

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,944

Total Expenses

$4,689

Mortgage P&I

186%

$3,621

Property Taxes

16%

$309

Home Insurance

13%

$254

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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