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1204 N Alodie Ct, Apex, NC 27502

3 beds • 3 baths • 1973 sqft

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This property looks like a bad Airbnb investment with a projected -17.29% first-year return on $137k initial cash invested.

-17.29%

Cash On Cash

2.11%

Cap Rate

0.35

DSCR

$3,008

Rent

-$1,977

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,008 income − $4,985 expenses = $1,977 out of pocket

Income$3,008Out of Pocket$1,977Mortgage P&I$2,85695%Property Taxes$42114%Insurance$2177%HOA$482%Management$45115%CapEx$1204%Maintenance$1204%Other$75225%

Investment Breakdown

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Purchase Price

$568k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$114k

Closing costs

1%

$5,678

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,008

Total Expenses

$4,985

Mortgage P&I

95%

$2,856

Property Taxes

14%

$421

Home Insurance

7%

$217

HOA

2%

$48

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$752

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