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$2,978 (target)

1072 Loop Rd, Clayton, NC 27527

3 beds • 3 baths • 1889 sqft

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This property looks like a bad Mid-Term investment with a projected -3.56% first-year return on $98,829 initial cash invested.

-3.56%

Cash On Cash

5.55%

Cap Rate

0.91

DSCR

$2,978

Rent

-$293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,978 income − $3,271 expenses = $293 out of pocket

Income$2,978Out of Pocket$293Mortgage P&I$1,95366%Property Taxes$1716%Insurance$1355%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,829

Downpayment

20%

$76,980

Closing costs

1%

$3,849

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,978

Total Expenses

$3,271

Mortgage P&I

66%

$1,953

Property Taxes

6%

$171

Home Insurance

5%

$135

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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