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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 Mid-Term investment with a projected -2.38% first-year return on $105k initial cash invested.

-2.38%

Cash On Cash

5.54%

Cap Rate

0.96

DSCR

$3,442

Rent

-$208

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

$105k

Downpayment

20%

$82,840

Closing costs

1%

$4,142

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,442

Total Expenses

$3,650

Mortgage P&I

58%

$1,981

Property Taxes

9%

$301

Home Insurance

4%

$147

HOA

1%

$50

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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