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218 Topsail Dr, Angier, NC 27501

3 beds • 2 baths • 1336 sqft

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This property looks like a bad Mid-Term investment with a projected -3.07% first-year return on $86,334 initial cash invested.

-3.07%

Cash On Cash

5.32%

Cap Rate

0.92

DSCR

$2,414

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,334

Downpayment

20%

$65,080

Closing costs

1%

$3,254

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,414

Total Expenses

$2,635

Mortgage P&I

65%

$1,566

Property Taxes

5%

$131

Home Insurance

5%

$116

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$72

Maintenance

4%

$97

Other

11%

$266

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