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$3,840 (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 Long-Term investment with a projected -19.18% first-year return on $251k initial cash invested.

-19.18%

Cash On Cash

2.26%

Cap Rate

0.37

DSCR

$3,840

Rent

-$4,011

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,840 income − $7,851 expenses = $4,011 out of pocket

Income$3,840Out of Pocket$4,011Mortgage P&I$6,068158%Property Taxes$3379%Insurance$44812%Management$38410%CapEx$1925%Vacancy$2306%Maintenance$1925%

Investment Breakdown

|

Purchase Price

$1195k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$251k

Downpayment

20%

$239k

Closing costs

1%

$11,952

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,840

Total Expenses

$7,851

Mortgage P&I

158%

$6,068

Property Taxes

9%

$337

Home Insurance

12%

$448

HOA

0%

$0

Property Management

10%

$384

CapEx

5%

$192

Vacancy

6%

$230

Maintenance

5%

$192

Other

0%

$0

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