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216 Cobblestone Dr, Chapel Hill, NC 27516

4 beds • 4 baths • 3292 sqft

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This property looks like a bad Long-Term investment with a projected -19.21% first-year return on $173k initial cash invested.

-19.21%

Cash On Cash

2.02%

Cap Rate

0.35

DSCR

$3,190

Rent

-$2,767

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$823k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$165k

Closing costs

1%

$8,230

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,190

Total Expenses

$5,957

Mortgage P&I

125%

$3,992

Property Taxes

26%

$831

Home Insurance

9%

$298

HOA

0%

$6

Property Management

10%

$319

CapEx

5%

$160

Vacancy

6%

$191

Maintenance

5%

$160

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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1.7 mi

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1.3 mi

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2

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0.9 mi

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$2,850

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0.6 mi

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2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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