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$3,220 (target)

516 Wendell Falls Pkwy, Wendell, NC 27591

3 beds • 3 baths • 2379 sqft

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This property looks like a bad Mid-Term investment with a projected -5.25% first-year return on $109k initial cash invested.

-5.25%

Cash On Cash

5.19%

Cap Rate

0.84

DSCR

$3,220

Rent

-$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,220 income − $3,696 expenses = $476 out of pocket

Income$3,220Out of Pocket$476Mortgage P&I$2,21569%Property Taxes$2297%Insurance$1575%Management$38612%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35411%

Investment Breakdown

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Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,380

Closing costs

1%

$4,319

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,220

Total Expenses

$3,696

Mortgage P&I

69%

$2,215

Property Taxes

7%

$229

Home Insurance

5%

$157

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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