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308 Kingswood Dr, Cary, NC 27513

4 beds • 3 baths • 2670 sqft

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This property looks like a bad Long-Term investment with a projected -19.84% first-year return on $147k initial cash invested.

-19.84%

Cash On Cash

1.85%

Cap Rate

0.32

DSCR

$2,230

Rent

-$2,430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$700k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$140k

Closing costs

1%

$6,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,230

Total Expenses

$4,660

Mortgage P&I

152%

$3,399

Property Taxes

19%

$428

Home Insurance

11%

$252

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

206 Penchant Ct, Cary, NC 27513

$2,950

5

2.5

2600

0.2 mi

707 Branniff Dr, Cary, NC 27513

$1,825

4

2

1425

0.2 mi

108 Tarlow Ct, Cary, NC 27513

$1,950

3

2.5

0.1 mi

319 E Chatham St, Cary, NC 27511

$1,995

3

3

1800

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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