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$2,607 (target)

212 Mitchell Ave, Clayton, NC 27520

3 beds • 2 baths • 1416 sqft

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This property looks like a bad Mid-Term investment with a projected -0.36% first-year return on $77,073 initial cash invested.

-0.36%

Cash On Cash

6.33%

Cap Rate

1.06

DSCR

$2,607

Rent

-$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,607 income − $2,630 expenses = $23 out of pocket

Income$2,607Out of Pocket$23Mortgage P&I$1,40354%Property Taxes$2399%Insurance$1024%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%

Investment Breakdown

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Purchase Price

$281k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,073

Downpayment

20%

$56,260

Closing costs

1%

$2,813

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,607

Total Expenses

$2,630

Mortgage P&I

54%

$1,403

Property Taxes

9%

$239

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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