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$3,646 (target)

4637 Dean Drive, Wilmington, NC 28405

3 beds • 2 baths • 1870 sqft

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This property might be a fair Mid-Term investment with a projected 4.54% first-year return on $91,437 initial cash invested.

4.54%

Cash On Cash

7.85%

Cap Rate

1.27

DSCR

$3,646

Rent

$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,646 income − $3,300 expenses = $346 cash flow

Income$3,646Mortgage P&I$1,79749%Property Taxes$1153%Insurance$1484%Management$43812%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40111%Cash Flow$346

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,437

Downpayment

20%

$69,940

Closing costs

1%

$3,497

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,646

Total Expenses

$3,300

Mortgage P&I

49%

$1,797

Property Taxes

3%

$115

Home Insurance

4%

$148

HOA

0%

$0

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

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