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$3,442 (target)

181 Whitetail Deer Ln, Garner, NC 27529

3 beds • 3 baths • 2593 sqft

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This property looks like a bad Mid-Term investment with a projected -6.63% first-year return on $113k initial cash invested.

-6.63%

Cash On Cash

4.7%

Cap Rate

0.78

DSCR

$3,442

Rent

-$627

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,442 income − $4,069 expenses = $627 out of pocket

Income$3,442Out of Pocket$627Mortgage P&I$2,26866%Property Taxes$41812%Insurance$1625%HOA$501%Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%

Investment Breakdown

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Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,900

Closing costs

1%

$4,545

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,442

Total Expenses

$4,069

Mortgage P&I

66%

$2,268

Property Taxes

12%

$418

Home Insurance

5%

$162

HOA

1%

$50

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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