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$4,311 (target)

112 S Marina Dr Lot A & B, Nags Head, NC 27959

3 beds • 2 baths • 2334 sqft

$1,149,500

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This property looks like a bad Mid-Term investment with a projected -17.68% first-year return on $259k initial cash invested.

-17.68%

Cash On Cash

2.15%

Cap Rate

0.36

DSCR

$4,311

Rent

-$3,822

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,311 income − $8,133 expenses = $3,822 out of pocket

Income$4,311Out of Pocket$3,822Mortgage P&I$5,712132%Property Taxes$55513%Insurance$4029%Management$51712%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47411%

Investment Breakdown

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Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$259k

Downpayment

20%

$230k

Closing costs

1%

$11,495

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,311

Total Expenses

$8,133

Mortgage P&I

133%

$5,712

Property Taxes

13%

$555

Home Insurance

9%

$402

HOA

0%

$0

Property Management

12%

$517

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$474

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