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$1,778 (target)

2511 Academy St, Sanford, NC 27332

3 beds • 2 baths • 2360 sqft

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This property looks like a bad Long-Term investment with a projected -14.1% first-year return on $77,112 initial cash invested.

-14.1%

Cash On Cash

3.26%

Cap Rate

0.55

DSCR

$1,778

Rent

-$906

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,778 income − $2,684 expenses = $906 out of pocket

Income$1,778Out of Pocket$906Mortgage P&I$1,815102%Property Taxes$27315%Insurance$1337%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,112

Downpayment

20%

$73,440

Closing costs

1%

$3,672

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,778

Total Expenses

$2,684

Mortgage P&I

102%

$1,815

Property Taxes

15%

$273

Home Insurance

7%

$133

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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