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$3,528 (target)

4906 Ilex Drive, Wilmington, NC 28412

3 beds • 2 baths • 1651 sqft

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This property might be a fair Mid-Term investment with a projected 2.65% first-year return on $96,330 initial cash invested.

2.65%

Cash On Cash

7.07%

Cap Rate

1.19

DSCR

$3,528

Rent

$213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,528 income − $3,315 expenses = $213 cash flow

Income$3,528Mortgage P&I$1,84352%Property Taxes$1284%Insurance$1454%Management$42312%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%Cash Flow$213

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,330

Downpayment

20%

$74,600

Closing costs

1%

$3,730

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,528

Total Expenses

$3,315

Mortgage P&I

52%

$1,843

Property Taxes

4%

$128

Home Insurance

4%

$145

HOA

0%

$0

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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