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$4,097 (target)

2012 Northstar Place, Wilmington, NC 28405

3 beds • 3 baths • 2593 sqft

$1,522,300

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This property looks like a bad Long-Term investment with a projected -26.33% first-year return on $320k initial cash invested.

-26.33%

Cash On Cash

1.2%

Cap Rate

0.18

DSCR

$4,097

Rent

-$7,014

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,097 income − $11,111 expenses = $7,014 out of pocket

Income$4,097Out of Pocket$7,014Mortgage P&I$8,325203%Property Taxes$68517%Insurance$52513%HOA$51012%Management$41010%CapEx$2055%Vacancy$2466%Maintenance$2055%

Investment Breakdown

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Purchase Price

$1522k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$320k

Downpayment

20%

$304k

Closing costs

1%

$15,223

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,097

Total Expenses

$11,111

Mortgage P&I

203%

$8,325

Property Taxes

17%

$685

Home Insurance

13%

$525

HOA

12%

$510

Property Management

10%

$410

CapEx

5%

$205

Vacancy

6%

$246

Maintenance

5%

$205

Other

0%

$0

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