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$3,243 (target)

56 Megan Meadows Pl, Angier, NC 27501

3 beds • 2 baths • 2096 sqft

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This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $108k initial cash invested.

-5.52%

Cash On Cash

5.17%

Cap Rate

0.83

DSCR

$3,243

Rent

-$498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,243 income − $3,741 expenses = $498 out of pocket

Income$3,243Out of Pocket$498Mortgage P&I$2,22168%Property Taxes$2106%Insurance$1545%HOA$532%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,243

Total Expenses

$3,741

Mortgage P&I

68%

$2,221

Property Taxes

6%

$210

Home Insurance

5%

$154

HOA

2%

$53

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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