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1202 Indian Trl, Apex, NC 27502

3 beds • 2 baths • 1449 sqft

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This property looks like a bad Airbnb investment with a projected -11.46% first-year return on $110k initial cash invested.

-11.46%

Cash On Cash

3.44%

Cap Rate

0.57

DSCR

$3,022

Rent

-$1,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,022 income − $4,068 expenses = $1,046 out of pocket

Income$3,022Out of Pocket$1,046Mortgage P&I$2,17472%Property Taxes$29410%Insurance$1495%Management$45315%CapEx$1214%Maintenance$1214%Other$75625%

Investment Breakdown

|

Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,200

Closing costs

1%

$4,360

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,022

Total Expenses

$4,068

Mortgage P&I

72%

$2,174

Property Taxes

10%

$294

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$453

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$756

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