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$3,582 (target)

133 Light Falls Dr, Wake Forest, NC 27587

3 beds • 3 baths • 2388 sqft

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This property looks like a bad Mid-Term investment with a projected -8.92% first-year return on $133k initial cash invested.

-8.92%

Cash On Cash

4.57%

Cap Rate

0.71

DSCR

$3,582

Rent

-$991

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,582 income − $4,573 expenses = $991 out of pocket

Income$3,582Out of Pocket$991Mortgage P&I$2,94082%Property Taxes$2246%Insurance$1925%Management$43012%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39411%

Investment Breakdown

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Purchase Price

$549k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,582

Total Expenses

$4,573

Mortgage P&I

82%

$2,940

Property Taxes

6%

$224

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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