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$4,438 (target)

79 Rapid Waters Way, Waynesville, NC 28785

3 beds • 3 baths • 2426 sqft

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This property looks like a bad Mid-Term investment with a projected -8.93% first-year return on $165k initial cash invested.

-8.93%

Cash On Cash

4.48%

Cap Rate

0.71

DSCR

$4,438

Rent

-$1,229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,438 income − $5,667 expenses = $1,229 out of pocket

Income$4,438Out of Pocket$1,229Mortgage P&I$3,66783%Property Taxes$2035%Insurance$2546%HOA$331%Management$53312%CapEx$1784%Vacancy$1333%Maintenance$1784%Other$48811%

Investment Breakdown

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Purchase Price

$701k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$7,010

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,438

Total Expenses

$5,667

Mortgage P&I

83%

$3,667

Property Taxes

5%

$203

Home Insurance

6%

$254

HOA

1%

$33

Property Management

12%

$533

CapEx

4%

$178

Vacancy

3%

$133

Maintenance

4%

$178

Other

11%

$488

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