REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,065 (target)

1204 N Alodie Ct, Apex, NC 27502

3 beds • 3 baths • 1973 sqft

Email

This property looks like a bad Long-Term investment with a projected -20.26% first-year return on $119k initial cash invested.

-20.26%

Cash On Cash

2%

Cap Rate

0.33

DSCR

$2,065

Rent

-$2,013

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,065 income − $4,078 expenses = $2,013 out of pocket

Income$2,065Out of Pocket$2,013Mortgage P&I$2,856138%Property Taxes$42120%Insurance$21711%HOA$482%Management$20610%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$568k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$114k

Closing costs

1%

$5,678

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,065

Total Expenses

$4,078

Mortgage P&I

138%

$2,856

Property Taxes

20%

$421

Home Insurance

11%

$217

HOA

2%

$48

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis