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$2,949 (target)

47 Morton Dr, Angier, NC 27501

3 beds • 2 baths • 1633 sqft

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This property looks like a bad Mid-Term investment with a projected -1.32% first-year return on $88,077 initial cash invested.

-1.32%

Cash On Cash

6.28%

Cap Rate

1.01

DSCR

$2,949

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,949 income − $3,046 expenses = $97 out of pocket

Income$2,949Out of Pocket$97Mortgage P&I$1,72458%Property Taxes$1796%Insurance$1264%HOA$151%Management$35412%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,077

Downpayment

20%

$66,740

Closing costs

1%

$3,337

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,949

Total Expenses

$3,046

Mortgage P&I

58%

$1,724

Property Taxes

6%

$179

Home Insurance

4%

$126

HOA

1%

$15

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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