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1199 Shining Water Ln, Creedmoor, NC 27522

3 beds • 3 baths • 2409 sqft

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This property looks like a bad Long-Term investment with a projected -7.73% first-year return on $75,411 initial cash invested.

-7.73%

Cash On Cash

4.54%

Cap Rate

0.79

DSCR

$2,336

Rent

-$486

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

$75,411

Downpayment

20%

$71,820

Closing costs

1%

$3,591

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,336

Total Expenses

$2,822

Mortgage P&I

74%

$1,728

Property Taxes

14%

$316

Home Insurance

5%

$128

HOA

2%

$42

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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