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$4,071 (target)

109 S 17th Street, Wilmington, NC 28401

3 beds • 2 baths • 1549 sqft

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This property looks like a bad Mid-Term investment with a projected -7.12% first-year return on $149k initial cash invested.

-7.12%

Cash On Cash

4.63%

Cap Rate

0.77

DSCR

$4,071

Rent

-$885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,071 income − $4,956 expenses = $885 out of pocket

Income$4,071Out of Pocket$885Mortgage P&I$3,13377%Property Taxes$2195%Insurance$2195%Management$48912%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44811%

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

$4,071

Total Expenses

$4,956

Mortgage P&I

77%

$3,133

Property Taxes

5%

$219

Home Insurance

5%

$219

HOA

0%

$0

Property Management

12%

$489

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$448

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