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1134 Manchester Dr, Cary, NC 27511

3 beds • 3 baths • 2403 sqft

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This property looks like a bad Long-Term investment with a projected -20.16% first-year return on $131k initial cash invested.

-20.16%

Cash On Cash

1.77%

Cap Rate

0.3

DSCR

$1,890

Rent

-$2,205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$4,095

Mortgage P&I

161%

$3,035

Property Taxes

19%

$351

Home Insurance

12%

$219

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1110 Sturdivant Dr, Cary, NC 27511

$2,550

4

3

2104

0.2 mi

503 Whitehall Way, Cary, NC 27511

$2,100

4

3

2100

0.5 mi

1209 Lane Dr, Cary, NC 27511

$2,300

3

2

1566

0.2 mi

1057 Dunsford Pl, Cary, NC 27511

$1,950

3

2

1550

0.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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