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$3,861 (target)

50 Basil Ct, Franklinton, NC 27525

3 beds • 2 baths • 2021 sqft

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This property looks like a bad Mid-Term investment with a projected -6.06% first-year return on $128k initial cash invested.

-6.06%

Cash On Cash

5.07%

Cap Rate

0.82

DSCR

$3,861

Rent

-$648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,861 income − $4,509 expenses = $648 out of pocket

Income$3,861Out of Pocket$648Mortgage P&I$2,71670%Property Taxes$2527%Insurance$1875%HOA$421%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%

Investment Breakdown

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Purchase Price

$526k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,257

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,861

Total Expenses

$4,509

Mortgage P&I

70%

$2,716

Property Taxes

7%

$252

Home Insurance

5%

$187

HOA

1%

$42

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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