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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 Long-Term investment with a projected -8.62% first-year return on $61,698 initial cash invested.

-8.62%

Cash On Cash

4.43%

Cap Rate

0.75

DSCR

$1,617

Rent

-$443

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

$61,698

Downpayment

20%

$58,760

Closing costs

1%

$2,938

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,617

Total Expenses

$2,060

Mortgage P&I

89%

$1,446

Property Taxes

5%

$86

Home Insurance

7%

$107

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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