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$3,080 (target)

628 Ashe Ave, Cary, NC 27511

3 beds • 2 baths • 1502 sqft

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This property looks like a bad Mid-Term investment with a projected -6.66% first-year return on $111k initial cash invested.

-6.66%

Cash On Cash

4.63%

Cap Rate

0.78

DSCR

$3,080

Rent

-$617

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,080 income − $3,697 expenses = $617 out of pocket

Income$3,080Out of Pocket$617Mortgage P&I$2,20772%Property Taxes$32110%Insurance$1224%Management$37012%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33911%

Investment Breakdown

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Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,800

Closing costs

1%

$4,440

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,080

Total Expenses

$3,697

Mortgage P&I

72%

$2,207

Property Taxes

10%

$321

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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