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$4,232 (target)

686 Spindlewood, Pittsboro, NC 27312

3 beds • 2 baths • 2632 sqft

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This property looks like a bad Mid-Term investment with a projected -11.56% first-year return on $179k initial cash invested.

-11.56%

Cash On Cash

3.6%

Cap Rate

0.6

DSCR

$4,232

Rent

-$1,727

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,232 income − $5,959 expenses = $1,727 out of pocket

Income$4,232Out of Pocket$1,727Mortgage P&I$3,86091%Property Taxes$3568%Insurance$2787%HOA$261%Management$50812%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46611%

Investment Breakdown

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Purchase Price

$768k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$154k

Closing costs

1%

$7,676

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,232

Total Expenses

$5,959

Mortgage P&I

91%

$3,860

Property Taxes

8%

$356

Home Insurance

7%

$278

HOA

1%

$26

Property Management

12%

$508

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$466

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