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$5,760 (target)

1663 Hayes Rd, Creedmoor, NC 27522

3 beds • 5 baths • 3335 sqft

$1,195,200

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This property looks like a bad Mid-Term investment with a projected -13.61% first-year return on $269k initial cash invested.

-13.61%

Cash On Cash

3.26%

Cap Rate

0.54

DSCR

$5,760

Rent

-$3,051

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,760 income − $8,811 expenses = $3,051 out of pocket

Income$5,760Out of Pocket$3,051Mortgage P&I$6,068105%Property Taxes$3376%Insurance$4488%Management$69112%CapEx$2304%Vacancy$1733%Maintenance$2304%Other$63411%

Investment Breakdown

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Purchase Price

$1195k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$269k

Downpayment

20%

$239k

Closing costs

1%

$11,952

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,760

Total Expenses

$8,811

Mortgage P&I

105%

$6,068

Property Taxes

6%

$337

Home Insurance

8%

$448

HOA

0%

$0

Property Management

12%

$691

CapEx

4%

$230

Vacancy

3%

$173

Maintenance

4%

$230

Other

11%

$634

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