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$3,598 (target)

1261 Barreto Dr, Wendell, NC 27591

3 beds • 3 baths • 2660 sqft

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This property looks like a bad Mid-Term investment with a projected -17.04% first-year return on $169k initial cash invested.

-17.04%

Cash On Cash

2.78%

Cap Rate

0.42

DSCR

$3,598

Rent

-$2,403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,598 income − $6,001 expenses = $2,403 out of pocket

Income$3,598Out of Pocket$2,403Mortgage P&I$3,924109%Property Taxes$50114%Insurance$2527%HOA$1003%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%

Investment Breakdown

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Purchase Price

$720k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$144k

Closing costs

1%

$7,200

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,598

Total Expenses

$6,001

Mortgage P&I

109%

$3,924

Property Taxes

14%

$501

Home Insurance

7%

$252

HOA

3%

$100

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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