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7313 Walking Horse Court, Wilmington, NC 28411

3 beds • 3 baths • 2209 sqft

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This property might be a fair Mid-Term investment with a projected 2.31% first-year return on $108k initial cash invested.

2.31%

Cash On Cash

6.89%

Cap Rate

1.17

DSCR

$3,938

Rent

$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$427k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,360

Closing costs

1%

$4,268

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,938

Total Expenses

$3,731

Mortgage P&I

53%

$2,086

Property Taxes

3%

$124

Home Insurance

4%

$156

HOA

1%

$25

Property Management

12%

$473

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$433

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