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$4,048 (target)

7600 Copper Creek Ct, Wake Forest, NC 27587

3 beds • 3 baths • 2448 sqft

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This property looks like a bad Mid-Term investment with a projected -4.4% first-year return on $130k initial cash invested.

-4.4%

Cash On Cash

5.35%

Cap Rate

0.88

DSCR

$4,048

Rent

-$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,048 income − $4,524 expenses = $476 out of pocket

Income$4,048Out of Pocket$476Mortgage P&I$2,69066%Property Taxes$2606%Insurance$1925%HOA$6Management$48612%CapEx$1624%Vacancy$1213%Maintenance$1624%Other$44511%

Investment Breakdown

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Purchase Price

$533k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,330

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,048

Total Expenses

$4,524

Mortgage P&I

66%

$2,690

Property Taxes

6%

$260

Home Insurance

5%

$192

HOA

0%

$6

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$121

Maintenance

4%

$162

Other

11%

$445

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