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$4,382 (target)

7508 Chouder Ln, Wake Forest, NC 27587

3 beds • 3 baths • 2953 sqft

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This property looks like a bad Mid-Term investment with a projected -14.96% first-year return on $195k initial cash invested.

-14.96%

Cash On Cash

3.37%

Cap Rate

0.51

DSCR

$4,382

Rent

-$2,434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,382 income − $6,816 expenses = $2,434 out of pocket

Income$4,382Out of Pocket$2,434Mortgage P&I$4,632106%Property Taxes$4009%Insurance$2957%Management$52612%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48211%

Investment Breakdown

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Purchase Price

$844k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$195k

Downpayment

20%

$169k

Closing costs

1%

$8,440

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,382

Total Expenses

$6,816

Mortgage P&I

106%

$4,632

Property Taxes

9%

$400

Home Insurance

7%

$295

HOA

0%

$0

Property Management

12%

$526

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$482

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