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3516 Bluebonnet Dr, Wake Forest, NC 27587

3 beds • 2 baths • 2339 sqft

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This property looks like a bad Mid-Term investment with a projected -3.59% first-year return on $119k initial cash invested.

-3.59%

Cash On Cash

5.21%

Cap Rate

0.91

DSCR

$3,596

Rent

-$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,960

Closing costs

1%

$4,798

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,596

Total Expenses

$3,951

Mortgage P&I

64%

$2,295

Property Taxes

7%

$269

Home Insurance

5%

$163

HOA

0%

$0

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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