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$2,511 (target)

2991 Corbett Ridge Rd, Mebane, NC 27302

3 beds • 2 baths • 1881 sqft

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This property looks like a bad Mid-Term investment with a projected -9.72% first-year return on $109k initial cash invested.

-9.72%

Cash On Cash

3.86%

Cap Rate

0.64

DSCR

$2,511

Rent

-$886

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,511 income − $3,397 expenses = $886 out of pocket

Income$2,511Out of Pocket$886Mortgage P&I$2,18487%Property Taxes$1867%Insurance$1757%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,511

Total Expenses

$3,397

Mortgage P&I

87%

$2,184

Property Taxes

7%

$186

Home Insurance

7%

$175

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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