REI Lense

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$1,888 (target)

11 Artesa Ct, Fuquay Varina, NC 27526

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Long-Term investment with a projected -12.92% first-year return on $82,950 initial cash invested.

-12.92%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$1,888

Rent

-$893

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,888 income − $2,781 expenses = $893 out of pocket

Income$1,888Out of Pocket$893Mortgage P&I$1,964104%Property Taxes$543%Insurance$1387%HOA$1357%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,950

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,888

Total Expenses

$2,781

Mortgage P&I

104%

$1,964

Property Taxes

3%

$54

Home Insurance

7%

$138

HOA

7%

$135

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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