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$2,832 (target)

11 Artesa Ct, Fuquay Varina, NC 27526

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Mid-Term investment with a projected -5.02% first-year return on $101k initial cash invested.

-5.02%

Cash On Cash

5.03%

Cap Rate

0.84

DSCR

$2,832

Rent

-$422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,832 income − $3,254 expenses = $422 out of pocket

Income$2,832Out of Pocket$422Mortgage P&I$1,96469%Property Taxes$542%Insurance$1385%HOA$1355%Management$34012%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31211%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,832

Total Expenses

$3,254

Mortgage P&I

69%

$1,964

Property Taxes

2%

$54

Home Insurance

5%

$138

HOA

5%

$135

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$312

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