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$3,152 (target)

103 Castlebridge Ct, Apex, NC 27502

3 beds • 3 baths • 1705 sqft

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This property looks like a bad Mid-Term investment with a projected -6.67% first-year return on $112k initial cash invested.

-6.67%

Cash On Cash

4.6%

Cap Rate

0.78

DSCR

$3,152

Rent

-$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,152 income − $3,776 expenses = $624 out of pocket

Income$3,152Out of Pocket$624Mortgage P&I$2,21870%Property Taxes$2879%Insurance$1615%HOA$381%Management$37812%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34711%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,740

Closing costs

1%

$4,487

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,152

Total Expenses

$3,776

Mortgage P&I

70%

$2,218

Property Taxes

9%

$287

Home Insurance

5%

$161

HOA

1%

$38

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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