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$2,498 (target)

113 Plantation Rd, Clayton, NC 27520

3 beds • 2 baths • 1179 sqft

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This property looks like a bad Mid-Term investment with a projected -4.29% first-year return on $82,029 initial cash invested.

-4.29%

Cash On Cash

5.9%

Cap Rate

0.89

DSCR

$2,498

Rent

-$293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,498 income − $2,791 expenses = $293 out of pocket

Income$2,498Out of Pocket$293Mortgage P&I$1,69368%Property Taxes$1386%Insurance$1104%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,029

Downpayment

20%

$60,980

Closing costs

1%

$3,049

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,498

Total Expenses

$2,791

Mortgage P&I

68%

$1,693

Property Taxes

6%

$138

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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