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$3,204 (target)

660 Corregidor St, Mebane, NC 27302

3 beds • 3 baths • 1908 sqft

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This property looks like a bad Mid-Term investment with a projected -5.9% first-year return on $104k initial cash invested.

-5.9%

Cash On Cash

4.87%

Cap Rate

0.81

DSCR

$3,204

Rent

-$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,204 income − $3,716 expenses = $512 out of pocket

Income$3,204Out of Pocket$512Mortgage P&I$2,04964%Property Taxes$39212%Insurance$1876%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%

Investment Breakdown

|

Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,100

Closing costs

1%

$4,105

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,204

Total Expenses

$3,716

Mortgage P&I

64%

$2,049

Property Taxes

12%

$392

Home Insurance

6%

$187

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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