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$3,534 (target)

1912 Cypress Cove Dr, Wendell, NC 27591

3 beds • 4 baths • 2520 sqft

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This property looks like a bad Mid-Term investment with a projected -11.22% first-year return on $131k initial cash invested.

-11.22%

Cash On Cash

3.78%

Cap Rate

0.61

DSCR

$3,534

Rent

-$1,224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,534 income − $4,758 expenses = $1,224 out of pocket

Income$3,534Out of Pocket$1,224Mortgage P&I$2,77679%Property Taxes$49414%Insurance$1925%HOA$953%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38911%

Investment Breakdown

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Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,374

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,534

Total Expenses

$4,758

Mortgage P&I

79%

$2,776

Property Taxes

14%

$494

Home Insurance

5%

$192

HOA

3%

$95

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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