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$2,758 (target)

105 N Honey Springs Ave, Fuquay Varina, NC 27526

3 beds • 3 baths • 1511 sqft

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This property looks like a bad Mid-Term investment with a projected -2.16% first-year return on $84,948 initial cash invested.

-2.16%

Cash On Cash

5.86%

Cap Rate

0.97

DSCR

$2,758

Rent

-$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,758 income − $2,911 expenses = $153 out of pocket

Income$2,758Out of Pocket$153Mortgage P&I$1,60058%Property Taxes$2369%Insurance$1164%HOA$221%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,948

Downpayment

20%

$63,760

Closing costs

1%

$3,188

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,758

Total Expenses

$2,911

Mortgage P&I

58%

$1,600

Property Taxes

9%

$236

Home Insurance

4%

$116

HOA

1%

$22

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

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