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$2,600 (target)

34 Cashew Ln, Smithfield, NC 27577

3 beds • 2 baths • 1472 sqft

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This property looks like a bad Mid-Term investment with a projected -2.9% first-year return on $86,964 initial cash invested.

-2.9%

Cash On Cash

5.59%

Cap Rate

0.94

DSCR

$2,600

Rent

-$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $2,810 expenses = $210 out of pocket

Income$2,600Out of Pocket$210Mortgage P&I$1,63563%Property Taxes$1666%Insurance$1124%HOA$131%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,964

Downpayment

20%

$65,680

Closing costs

1%

$3,284

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,600

Total Expenses

$2,810

Mortgage P&I

63%

$1,635

Property Taxes

6%

$166

Home Insurance

4%

$112

HOA

1%

$13

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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