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387 Brodie Rose Landing Way, Smithfield, NC 27577
3 beds • 3 baths • 1910 sqft
$406,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -3.23% first-year return on $103k initial cash invested.
-3.23%
Cash On Cash
5.62%
Cap Rate
0.93
DSCR
$3,225
Rent
-$278
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,225 income − $3,503 expenses = $278 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,200
Closing costs
1%
$4,060
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,225
Total Expenses
$3,503
Mortgage P&I
64%
$2,049
Property Taxes
6%
$189
Home Insurance
4%
$144
HOA
1%
$24
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355