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$3,033 (target)

240 Sourgum Ct, Zebulon, NC 27597

3 beds • 2 baths • 1609 sqft

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This property looks like a bad Mid-Term investment with a projected -3.4% first-year return on $92,529 initial cash invested.

-3.4%

Cash On Cash

5.97%

Cap Rate

0.93

DSCR

$3,033

Rent

-$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,033 income − $3,295 expenses = $262 out of pocket

Income$3,033Out of Pocket$262Mortgage P&I$1,90663%Property Taxes$2017%Insurance$1244%HOA$331%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%

Investment Breakdown

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Purchase Price

$355k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,529

Downpayment

20%

$70,980

Closing costs

1%

$3,549

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,033

Total Expenses

$3,295

Mortgage P&I

63%

$1,906

Property Taxes

7%

$201

Home Insurance

4%

$124

HOA

1%

$33

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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