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$4,328 (target)

121 Fortner Dr, Waynesville, NC 28786

3 beds • 3 baths • 1935 sqft

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This property looks like a bad Mid-Term investment with a projected -6.65% first-year return on $160k initial cash invested.

-6.65%

Cash On Cash

4.73%

Cap Rate

0.79

DSCR

$4,328

Rent

-$884

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,328 income − $5,212 expenses = $884 out of pocket

Income$4,328Out of Pocket$884Mortgage P&I$3,36978%Property Taxes$1363%Insurance$2365%Management$51912%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47611%

Investment Breakdown

|

Purchase Price

$674k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,740

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,328

Total Expenses

$5,212

Mortgage P&I

78%

$3,369

Property Taxes

3%

$136

Home Insurance

5%

$236

HOA

0%

$0

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$476

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