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$5,512 (target)

215 Old Pros Way, Cary, NC 27513

3 beds • 3 baths • 3220 sqft

$1,295,000

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This property looks like a bad Mid-Term investment with a projected -16.55% first-year return on $290k initial cash invested.

-16.55%

Cash On Cash

2.4%

Cap Rate

0.41

DSCR

$5,512

Rent

-$4,000

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,512 income − $9,512 expenses = $4,000 out of pocket

Income$5,512Out of Pocket$4,000Mortgage P&I$6,369116%Property Taxes$78014%Insurance$4538%HOA$381%Management$66112%CapEx$2204%Vacancy$1653%Maintenance$2204%Other$60611%

Investment Breakdown

|

Purchase Price

$1295k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$290k

Downpayment

20%

$259k

Closing costs

1%

$12,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,512

Total Expenses

$9,512

Mortgage P&I

116%

$6,369

Property Taxes

14%

$780

Home Insurance

8%

$453

HOA

1%

$38

Property Management

12%

$661

CapEx

4%

$220

Vacancy

3%

$165

Maintenance

4%

$220

Other

11%

$606

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