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2122 Godwin Lake Rd, Benson, NC 27504

3 beds • 2 baths • 1299 sqft

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This property looks like a bad Mid-Term investment with a projected -0.57% first-year return on $79,698 initial cash invested.

-0.57%

Cash On Cash

6.15%

Cap Rate

1.04

DSCR

$2,426

Rent

-$38

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,698

Downpayment

20%

$58,760

Closing costs

1%

$2,938

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$2,464

Mortgage P&I

60%

$1,446

Property Taxes

4%

$86

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$267

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