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521 Wayne Drive, Wilmington, NC 28403

3 beds • 3 baths • 2406 sqft

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This property looks like a bad Long-Term investment with a projected -21.7% first-year return on $135k initial cash invested.

-21.7%

Cash On Cash

1.42%

Cap Rate

0.24

DSCR

$1,826

Rent

-$2,449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$645k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$129k

Closing costs

1%

$6,449

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,826

Total Expenses

$4,275

Mortgage P&I

171%

$3,123

Property Taxes

18%

$327

Home Insurance

19%

$350

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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