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$3,688 (target)

3200 Keighley Forest Dr, Wake Forest, NC 27587

3 beds • 3 baths • 2269 sqft

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This property looks like a bad Mid-Term investment with a projected -8.91% first-year return on $142k initial cash invested.

-8.91%

Cash On Cash

4.18%

Cap Rate

0.69

DSCR

$3,688

Rent

-$1,055

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,688 income − $4,743 expenses = $1,055 out of pocket

Income$3,688Out of Pocket$1,055Mortgage P&I$2,96880%Property Taxes$3058%Insurance$2146%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%

Investment Breakdown

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Purchase Price

$591k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,910

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,688

Total Expenses

$4,743

Mortgage P&I

80%

$2,968

Property Taxes

8%

$305

Home Insurance

6%

$214

HOA

0%

$0

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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