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2505 Neville Rd, Chapel Hill, NC 27516

3 beds • 2 baths • 950 sqft

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This property might be a fair Mid-Term investment with a projected 0.59% first-year return on $83,184 initial cash invested.

0.59%

Cash On Cash

6.47%

Cap Rate

1.1

DSCR

$2,794

Rent

$41

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,184

Downpayment

20%

$62,080

Closing costs

1%

$3,104

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,794

Total Expenses

$2,753

Mortgage P&I

54%

$1,520

Property Taxes

6%

$171

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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