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Single Family

1128 Covered Bridge Trl, Chapel Hill, NC 27517

Chapel Hill, North Carolina

Purchase Price

$1,115,000

5 Bedrooms
4.5 Bathrooms
4,219 Sq Ft
Built 2016

Cap Rate

-2.7%

Cash-on-Cash

-31.2%

Monthly Revenue

$0

Monthly Cash Flow

-$8,111

DSCR

-0.46x

Best Strategy

STR

Financial Overview

Purchase Price$1,115,000
Down Payment25.0%
Interest Rate7.0%
Loan Term30 years
Closing Costs3.0%

STR Investment Metrics

Cap Rate-2.7%
Cash-on-Cash Return-31.2%
Annual NOI-$30,565
Monthly Revenue$0
Monthly Cash Flow-$8,111
Monthly Mortgage$5,564
DSCR-0.46x
Total Cash Invested$312,200
Best StrategySTR

Expense Assumptions

Property Tax (Annual)$2,040

Adjusted Metrics (live)

Cap Rate

-2.5%

Cash-on-Cash

-30.2%

Monthly Cash Flow

$-7,861

DSCR

-0.41x

NOI: $-27,565/yr · Expenses: $27,565/yr (0% of rev) · 85 turns/yr

Expense Assumptions (adjust to fit your market)

10%
5%
3%
5%
$400/mo
$150
$200/mo
$2,040/yr
$5,575/yr

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