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$3,579 (target)

1002 Apache Ln, Apex, NC 27502

3 beds • 3 baths • 1858 sqft

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This property looks like a bad Mid-Term investment with a projected -7.12% first-year return on $131k initial cash invested.

-7.12%

Cash On Cash

4.48%

Cap Rate

0.76

DSCR

$3,579

Rent

-$780

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,579 income − $4,359 expenses = $780 out of pocket

Income$3,579Out of Pocket$780Mortgage P&I$2,65574%Property Taxes$2998%Insurance$1895%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39411%

Investment Breakdown

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Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,400

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,579

Total Expenses

$4,359

Mortgage P&I

74%

$2,655

Property Taxes

8%

$299

Home Insurance

5%

$189

HOA

0%

$0

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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