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$2,944 (target)

116 Nicklaus Dr, Garner, NC 27529

3 beds • 2 baths • 1916 sqft

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This property might be a fair Mid-Term investment with a projected 5.15% first-year return on $76,443 initial cash invested.

5.15%

Cash On Cash

7.86%

Cap Rate

1.32

DSCR

$2,944

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,944 income − $2,616 expenses = $328 cash flow

Income$2,944Mortgage P&I$1,37747%Property Taxes$1375%Insurance$1013%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%Cash Flow$328

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,443

Downpayment

20%

$55,660

Closing costs

1%

$2,783

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,944

Total Expenses

$2,616

Mortgage P&I

47%

$1,377

Property Taxes

5%

$137

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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