REI Lense

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$4,503 (target)

512 Chatham Forest Dr, Pittsboro, NC 27312

3 beds • 3 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -0.78% first-year return on $119k initial cash invested.

-0.78%

Cash On Cash

6.19%

Cap Rate

1.04

DSCR

$4,503

Rent

-$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,503 income − $4,581 expenses = $78 out of pocket

Income$4,503Out of Pocket$78Mortgage P&I$2,38853%Property Taxes$45810%Insurance$1724%HOA$331%Management$54012%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49511%

Investment Breakdown

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Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,520

Closing costs

1%

$4,826

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,503

Total Expenses

$4,581

Mortgage P&I

53%

$2,388

Property Taxes

10%

$458

Home Insurance

4%

$172

HOA

1%

$33

Property Management

12%

$540

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$495

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