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$1,926 (target)

512 Queen Street, Wilmington, NC 28401

3 beds • 3 baths • 2283 sqft

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This property looks like a bad Long-Term investment with a projected -22% first-year return on $178k initial cash invested.

-22%

Cash On Cash

1.49%

Cap Rate

0.25

DSCR

$1,926

Rent

-$3,269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,926 income − $5,195 expenses = $3,269 out of pocket

Income$1,926Out of Pocket$3,269Mortgage P&I$4,226219%Property Taxes$1719%Insurance$29715%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

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Purchase Price

$849k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$178k

Downpayment

20%

$170k

Closing costs

1%

$8,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,926

Total Expenses

$5,195

Mortgage P&I

219%

$4,226

Property Taxes

9%

$171

Home Insurance

15%

$297

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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