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$2,271 (target)

1709 Glazebrook Dr, Wake Forest, NC 27587

3 beds • 3 baths • 1913 sqft

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This property looks like a bad Long-Term investment with a projected -14.24% first-year return on $87,822 initial cash invested.

-14.24%

Cash On Cash

3.54%

Cap Rate

0.57

DSCR

$2,271

Rent

-$1,042

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,271 income − $3,313 expenses = $1,042 out of pocket

Income$2,271Out of Pocket$1,042Mortgage P&I$2,16095%Property Taxes$36816%Insurance$1497%HOA$452%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,822

Downpayment

20%

$83,640

Closing costs

1%

$4,182

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,271

Total Expenses

$3,313

Mortgage P&I

95%

$2,160

Property Taxes

16%

$368

Home Insurance

7%

$149

HOA

2%

$45

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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