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$3,296 (target)

8 Worley Ridge Trl, Candler, NC 28715

3 beds • 2 baths • 1333 sqft

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This property might be a fair Mid-Term investment with a projected 0.88% first-year return on $94,314 initial cash invested.

0.88%

Cash On Cash

6.77%

Cap Rate

1.11

DSCR

$3,296

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,296 income − $3,227 expenses = $69 cash flow

Income$3,296Mortgage P&I$1,84956%Property Taxes$1254%Insurance$1314%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%Cash Flow$69

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,314

Downpayment

20%

$72,680

Closing costs

1%

$3,634

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,296

Total Expenses

$3,227

Mortgage P&I

56%

$1,849

Property Taxes

4%

$125

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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