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$2,619 (target)

7141 Hodge Rd, Wendell, NC 27591

3 beds • 2 baths • 1118 sqft

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This property looks like a bad Mid-Term investment with a projected -0.06% first-year return on $80,916 initial cash invested.

-0.06%

Cash On Cash

6.37%

Cap Rate

1.07

DSCR

$2,619

Rent

-$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,619 income − $2,623 expenses = $4 out of pocket

Income$2,619Out of Pocket$4Mortgage P&I$1,49057%Property Taxes$1355%Insurance$1074%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,916

Downpayment

20%

$59,920

Closing costs

1%

$2,996

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,619

Total Expenses

$2,623

Mortgage P&I

57%

$1,490

Property Taxes

5%

$135

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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