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$5,361 (target)

6201 Hilbert Ridge Dr, Holly Springs, NC 27540

3 beds • 4 baths • 3824 sqft

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This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $142k initial cash invested.

0.63%

Cash On Cash

6.57%

Cap Rate

1.1

DSCR

$5,361

Rent

$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,361 income − $5,286 expenses = $75 cash flow

Income$5,361Mortgage P&I$2,93855%Property Taxes$3166%Insurance$2104%Management$64312%CapEx$2144%Vacancy$1613%Maintenance$2144%Other$59011%Cash Flow$75

Investment Breakdown

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Purchase Price

$590k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,898

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,361

Total Expenses

$5,286

Mortgage P&I

55%

$2,938

Property Taxes

6%

$316

Home Insurance

4%

$210

HOA

0%

$0

Property Management

12%

$643

CapEx

4%

$214

Vacancy

3%

$161

Maintenance

4%

$214

Other

11%

$590

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