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$3,032 (target)

2331 Twin Acres Road, Clayton, NC 27520

3 beds • 3 baths • 1882 sqft

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This property looks like a bad Mid-Term investment with a projected -9.29% first-year return on $124k initial cash invested.

-9.29%

Cash On Cash

4.16%

Cap Rate

0.68

DSCR

$3,032

Rent

-$957

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,032 income − $3,989 expenses = $957 out of pocket

Income$3,032Out of Pocket$957Mortgage P&I$2,58085%Property Taxes$1987%Insurance$1806%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%

Investment Breakdown

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Purchase Price

$503k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,031

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,032

Total Expenses

$3,989

Mortgage P&I

85%

$2,580

Property Taxes

7%

$198

Home Insurance

6%

$180

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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