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$1,401 (target)

204 Rollins Drive #63, Greenville, NC 27834

3 beds • 2 baths • 1442 sqft

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This property looks like a bad Mid-Term investment with a projected -7.71% first-year return on $56,829 initial cash invested.

-7.71%

Cash On Cash

4.52%

Cap Rate

0.69

DSCR

$1,401

Rent

-$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,401 income − $1,766 expenses = $365 out of pocket

Income$1,401Out of Pocket$365Mortgage P&I$1,00672%Property Taxes$1299%Insurance$655%HOA$906%Management$16812%CapEx$564%Vacancy$423%Maintenance$564%Other$15411%

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,829

Downpayment

20%

$36,980

Closing costs

1%

$1,849

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,401

Total Expenses

$1,766

Mortgage P&I

72%

$1,006

Property Taxes

9%

$129

Home Insurance

5%

$65

HOA

6%

$90

Property Management

12%

$168

CapEx

4%

$56

Vacancy

3%

$42

Maintenance

4%

$56

Other

11%

$154

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