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$2,739 (target)

6019 Us Highway 301 S, Hope Mills, NC 28348

3 beds • 3 baths • 2236 sqft

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This property looks like a bad Mid-Term investment with a projected -1.17% first-year return on $84,129 initial cash invested.

-1.17%

Cash On Cash

6.14%

Cap Rate

1.02

DSCR

$2,739

Rent

-$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,739 income − $2,821 expenses = $82 out of pocket

Income$2,739Out of Pocket$82Mortgage P&I$1,58458%Property Taxes$1957%Insurance$1104%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30111%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,739

Total Expenses

$2,821

Mortgage P&I

58%

$1,584

Property Taxes

7%

$195

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$301

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