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$3,855 (target)

3519 Kirby Smith Drive, Wilmington, NC 28409

3 beds • 2 baths • 1742 sqft

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This property looks like a bad Mid-Term investment with a projected -4.86% first-year return on $126k initial cash invested.

-4.86%

Cash On Cash

5.37%

Cap Rate

0.87

DSCR

$3,855

Rent

-$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,855 income − $4,366 expenses = $511 out of pocket

Income$3,855Out of Pocket$511Mortgage P&I$2,66069%Property Taxes$2156%Insurance$1805%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%

Investment Breakdown

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Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,855

Total Expenses

$4,366

Mortgage P&I

69%

$2,660

Property Taxes

6%

$215

Home Insurance

5%

$180

HOA

0%

$0

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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