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$3,130 (target)

3457 River Farm Dr, Kernersville, NC 27284

3 beds • 3 baths • 2009 sqft

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This property looks like a bad Mid-Term investment with a projected -2.32% first-year return on $90,450 initial cash invested.

-2.32%

Cash On Cash

5.93%

Cap Rate

0.97

DSCR

$3,130

Rent

-$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,130 income − $3,305 expenses = $175 out of pocket

Income$3,130Out of Pocket$175Mortgage P&I$1,75656%Property Taxes$31910%Insurance$1214%HOA$451%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,130

Total Expenses

$3,305

Mortgage P&I

56%

$1,756

Property Taxes

10%

$319

Home Insurance

4%

$121

HOA

1%

$45

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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