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$2,896 (target)

321 Woodhaven Rd, Chapel Hill, NC 27514

3 beds • 2 baths • 2155 sqft

$1,311,000

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This property looks like a bad Long-Term investment with a projected -24.1% first-year return on $275k initial cash invested.

-24.1%

Cash On Cash

0.97%

Cap Rate

0.16

DSCR

$2,896

Rent

-$5,530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,896 income − $8,426 expenses = $5,530 out of pocket

Income$2,896Out of Pocket$5,530Mortgage P&I$6,448223%Property Taxes$73425%Insurance$49017%Management$29010%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

|

Purchase Price

$1311k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$275k

Downpayment

20%

$262k

Closing costs

1%

$13,110

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,896

Total Expenses

$8,426

Mortgage P&I

223%

$6,448

Property Taxes

25%

$734

Home Insurance

17%

$490

HOA

0%

$0

Property Management

10%

$290

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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