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$2,432 (target)

70 Young Rd, Angier, NC 27501

3 beds • 2 baths • 1160 sqft

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This property might be a fair Mid-Term investment with a projected 0.65% first-year return on $74,007 initial cash invested.

0.65%

Cash On Cash

6.74%

Cap Rate

1.1

DSCR

$2,432

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,432 income − $2,392 expenses = $40 cash flow

Income$2,432Mortgage P&I$1,36056%Property Taxes$1105%Insurance$954%Management$29212%CapEx$974%Vacancy$733%Maintenance$974%Other$26811%Cash Flow$40

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,007

Downpayment

20%

$53,340

Closing costs

1%

$2,667

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,432

Total Expenses

$2,392

Mortgage P&I

56%

$1,360

Property Taxes

5%

$110

Home Insurance

4%

$95

HOA

0%

$0

Property Management

12%

$292

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$268

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