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$2,991 (target)

57 Planters Glen Dr, Angier, NC 27501

3 beds • 2 baths • 1982 sqft

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This property looks like a bad Mid-Term investment with a projected -3.45% first-year return on $94,545 initial cash invested.

-3.45%

Cash On Cash

5.59%

Cap Rate

0.92

DSCR

$2,991

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,991 income − $3,263 expenses = $272 out of pocket

Income$2,991Out of Pocket$272Mortgage P&I$1,84962%Property Taxes$1906%Insurance$1314%HOA$753%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,545

Downpayment

20%

$72,900

Closing costs

1%

$3,645

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,991

Total Expenses

$3,263

Mortgage P&I

62%

$1,849

Property Taxes

6%

$190

Home Insurance

4%

$131

HOA

3%

$75

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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