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1562 Dorsett Ln, Creedmoor, NC 27522

3 beds • 3 baths • 1957 sqft

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This property looks like a bad Mid-Term investment with a projected -0.77% first-year return on $95,616 initial cash invested.

-0.77%

Cash On Cash

6.04%

Cap Rate

1.04

DSCR

$3,195

Rent

-$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,616

Downpayment

20%

$73,920

Closing costs

1%

$3,696

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,195

Total Expenses

$3,256

Mortgage P&I

56%

$1,794

Property Taxes

7%

$210

Home Insurance

4%

$131

HOA

1%

$35

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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