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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 Long-Term investment with a projected -10.92% first-year return on $68,334 initial cash invested.

-10.92%

Cash On Cash

3.78%

Cap Rate

0.65

DSCR

$1,609

Rent

-$622

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

$68,334

Downpayment

20%

$65,080

Closing costs

1%

$3,254

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,609

Total Expenses

$2,231

Mortgage P&I

97%

$1,566

Property Taxes

8%

$131

Home Insurance

7%

$116

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$97

Maintenance

5%

$80

Other

0%

$0

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