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1207 Upper Reach Drive, Wilmington, NC 28409

3 beds • 3 baths • 2539 sqft

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This property looks like a bad Mid-Term investment with a projected -11.08% first-year return on $176k initial cash invested.

-11.08%

Cash On Cash

3.5%

Cap Rate

0.6

DSCR

$4,124

Rent

-$1,625

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$753k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$151k

Closing costs

1%

$7,526

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,124

Total Expenses

$5,749

Mortgage P&I

89%

$3,652

Property Taxes

8%

$338

Home Insurance

8%

$313

HOA

1%

$43

Property Management

12%

$495

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$454

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