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$3,076 (target)

111 W Danube St, Nags Head, NC 27959

3 beds • 3 baths • 2347 sqft

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This property looks like a bad Long-Term investment with a projected -9.56% first-year return on $113k initial cash invested.

-9.56%

Cash On Cash

4.49%

Cap Rate

0.73

DSCR

$3,076

Rent

-$902

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,076 income − $3,978 expenses = $902 out of pocket

Income$3,076Out of Pocket$902Mortgage P&I$2,76490%Property Taxes$2247%Insurance$1896%Management$30810%CapEx$1545%Vacancy$1856%Maintenance$1545%

Investment Breakdown

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Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$108k

Closing costs

1%

$5,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,076

Total Expenses

$3,978

Mortgage P&I

90%

$2,764

Property Taxes

7%

$224

Home Insurance

6%

$189

HOA

0%

$0

Property Management

10%

$308

CapEx

5%

$154

Vacancy

6%

$185

Maintenance

5%

$154

Other

0%

$0

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