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1199 Shining Water Ln, Creedmoor, NC 27522

3 beds • 3 baths • 2409 sqft

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This property might be a fair Mid-Term investment with a projected 1.28% first-year return on $93,411 initial cash invested.

1.28%

Cash On Cash

6.58%

Cap Rate

1.14

DSCR

$3,504

Rent

$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,411

Downpayment

20%

$71,820

Closing costs

1%

$3,591

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,504

Total Expenses

$3,404

Mortgage P&I

49%

$1,728

Property Taxes

9%

$316

Home Insurance

4%

$128

HOA

1%

$42

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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