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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 Long-Term investment with a projected -11.48% first-year return on $85,260 initial cash invested.
-11.48%
Cash On Cash
3.96%
Cap Rate
0.65
DSCR
$2,150
Rent
-$816
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,150 income − $2,966 expenses = $816 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,260
Downpayment
20%
$81,200
Closing costs
1%
$4,060
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,150
Total Expenses
$2,966
Mortgage P&I
95%
$2,049
Property Taxes
9%
$189
Home Insurance
7%
$144
HOA
1%
$24
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0