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$3,092 (target)

20 Riders Ct, Franklinton, NC 27525

3 beds • 3 baths • 2228 sqft

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This property looks like a bad Mid-Term investment with a projected -0.19% first-year return on $88,455 initial cash invested.

-0.19%

Cash On Cash

6.55%

Cap Rate

1.06

DSCR

$3,092

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,092 income − $3,106 expenses = $14 out of pocket

Income$3,092Out of Pocket$14Mortgage P&I$1,72156%Property Taxes$1846%Insurance$1495%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,455

Downpayment

20%

$67,100

Closing costs

1%

$3,355

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,092

Total Expenses

$3,106

Mortgage P&I

56%

$1,721

Property Taxes

6%

$184

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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