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Single Family

2201 E Beach Dr, Oak Island, NC 28465

Oak Island, North Carolina

Purchase Price

$1,525,000

5 Bedrooms
4 Bathrooms
1,828 Sq Ft
Built 1999

Cap Rate

2.0%

Cash-on-Cash

-14.1%

Monthly Revenue

$8,333

Monthly Cash Flow

-$5,016

DSCR

0.34x

Best Strategy

STR

Financial Overview

Purchase Price$1,525,000
Down Payment25.0%
Interest Rate7.0%
Loan Term30 years
Closing Costs3.0%

STR Investment Metrics

Cap Rate2.0%
Cash-on-Cash Return-14.1%
Annual NOI$31,122
Monthly Revenue$8,333
Monthly Cash Flow-$5,016
Monthly Mortgage$7,609
DSCR0.34x
Total Cash Invested$427,000
Best StrategySTR

Expense Assumptions

Adjusted Metrics (live)

Cap Rate

2.0%

Cash-on-Cash

-14.1%

Monthly Cash Flow

$-5,016

DSCR

0.34x

NOI: $31,122/yr · Expenses: $68,874/yr (69% of rev) · 85 turns/yr

Expense Assumptions (adjust to fit your market)

10%
5%
3%
5%
$400/mo
$150
$200/mo
$18,300/yr
$7,625/yr

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