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$3,162 (target)

3008 Red Cir, Willow Spring, NC 27592

3 beds • 3 baths • 2098 sqft

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This property might be a fair Mid-Term investment with a projected 0.17% first-year return on $90,009 initial cash invested.

0.17%

Cash On Cash

6.64%

Cap Rate

1.08

DSCR

$3,162

Rent

$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,162 income − $3,149 expenses = $13 cash flow

Income$3,162Mortgage P&I$1,75856%Property Taxes$1956%Insurance$1224%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34811%Cash Flow$13

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,009

Downpayment

20%

$68,580

Closing costs

1%

$3,429

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,162

Total Expenses

$3,149

Mortgage P&I

56%

$1,758

Property Taxes

6%

$195

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$348

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