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$2,232 (target)

318 Davis Farm Dr, Selma, NC 27576

3 beds • 2 baths • 1246 sqft

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This property looks like a bad Mid-Term investment with a projected -5.94% first-year return on $86,250 initial cash invested.

-5.94%

Cash On Cash

4.84%

Cap Rate

0.8

DSCR

$2,232

Rent

-$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,232 income − $2,659 expenses = $427 out of pocket

Income$2,232Out of Pocket$427Mortgage P&I$1,64974%Property Taxes$1376%Insurance$1145%Management$26812%CapEx$894%Vacancy$673%Maintenance$894%Other$24611%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,232

Total Expenses

$2,659

Mortgage P&I

74%

$1,649

Property Taxes

6%

$137

Home Insurance

5%

$114

HOA

0%

$0

Property Management

12%

$268

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$246

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