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$2,921 (target)

7508 Chouder Ln, Wake Forest, NC 27587

3 beds • 3 baths • 2953 sqft

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This property looks like a bad Long-Term investment with a projected -21.43% first-year return on $177k initial cash invested.

-21.43%

Cash On Cash

2.29%

Cap Rate

0.35

DSCR

$2,921

Rent

-$3,165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,921 income − $6,086 expenses = $3,165 out of pocket

Income$2,921Out of Pocket$3,165Mortgage P&I$4,632159%Property Taxes$40014%Insurance$29510%Management$29210%CapEx$1465%Vacancy$1756%Maintenance$1465%

Investment Breakdown

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Purchase Price

$844k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$177k

Downpayment

20%

$169k

Closing costs

1%

$8,440

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,921

Total Expenses

$6,086

Mortgage P&I

159%

$4,632

Property Taxes

14%

$400

Home Insurance

10%

$295

HOA

0%

$0

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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