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307 Red Mountain Ln, Knightdale, NC 27545

3 beds • 3 baths • 2367 sqft

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This property looks like a bad Long-Term investment with a projected -10.79% first-year return on $86,982 initial cash invested.

-10.79%

Cash On Cash

3.81%

Cap Rate

0.66

DSCR

$2,295

Rent

-$782

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,982

Downpayment

20%

$82,840

Closing costs

1%

$4,142

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,295

Total Expenses

$3,077

Mortgage P&I

86%

$1,981

Property Taxes

13%

$301

Home Insurance

6%

$147

HOA

2%

$50

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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