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$2,976 (target)

129 Poplar Dr, Clayton, NC 27520

3 beds • 2 baths • 1614 sqft

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This property looks like a bad Mid-Term investment with a projected -5.57% first-year return on $90,429 initial cash invested.

-5.57%

Cash On Cash

5.62%

Cap Rate

0.84

DSCR

$2,976

Rent

-$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,976 income − $3,396 expenses = $420 out of pocket

Income$2,976Out of Pocket$420Mortgage P&I$1,91564%Property Taxes$32811%Insurance$1224%HOA$201%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,429

Downpayment

20%

$68,980

Closing costs

1%

$3,449

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,976

Total Expenses

$3,396

Mortgage P&I

64%

$1,915

Property Taxes

11%

$328

Home Insurance

4%

$122

HOA

1%

$20

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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