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$3,314 (target)

497 Barrette Ln, Wendell, NC 27591

3 beds • 3 baths • 2267 sqft

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This property looks like a bad Mid-Term investment with a projected -5.33% first-year return on $110k initial cash invested.

-5.33%

Cash On Cash

5.09%

Cap Rate

0.84

DSCR

$3,314

Rent

-$487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,314 income − $3,801 expenses = $487 out of pocket

Income$3,314Out of Pocket$487Mortgage P&I$2,20567%Property Taxes$3119%Insurance$1575%Management$39812%CapEx$1334%Vacancy$993%Maintenance$1334%Other$36511%

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,240

Closing costs

1%

$4,362

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,314

Total Expenses

$3,801

Mortgage P&I

67%

$2,205

Property Taxes

9%

$311

Home Insurance

5%

$157

HOA

0%

$0

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$99

Maintenance

4%

$133

Other

11%

$365

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