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$6,146 (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 Mid-Term investment with a projected -21.28% first-year return on $338k initial cash invested.

-21.28%

Cash On Cash

2.04%

Cap Rate

0.31

DSCR

$6,146

Rent

-$5,989

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,146 income − $12,135 expenses = $5,989 out of pocket

Income$6,146Out of Pocket$5,989Mortgage P&I$8,325135%Property Taxes$68511%Insurance$5259%HOA$5108%Management$73812%CapEx$2464%Vacancy$1843%Maintenance$2464%Other$67611%

Investment Breakdown

|

Purchase Price

$1522k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$338k

Downpayment

20%

$304k

Closing costs

1%

$15,223

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,146

Total Expenses

$12,135

Mortgage P&I

135%

$8,325

Property Taxes

11%

$685

Home Insurance

9%

$525

HOA

8%

$510

Property Management

12%

$738

CapEx

4%

$246

Vacancy

3%

$184

Maintenance

4%

$246

Other

11%

$676

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