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$3,098 (target)

1204 N Alodie Ct, Apex, NC 27502

3 beds • 3 baths • 1973 sqft

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This property looks like a bad Mid-Term investment with a projected -13.1% first-year return on $137k initial cash invested.

-13.1%

Cash On Cash

3.13%

Cap Rate

0.52

DSCR

$3,098

Rent

-$1,498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,098 income − $4,596 expenses = $1,498 out of pocket

Income$3,098Out of Pocket$1,498Mortgage P&I$2,85692%Property Taxes$42114%Insurance$2177%HOA$482%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%

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

$3,098

Total Expenses

$4,596

Mortgage P&I

92%

$2,856

Property Taxes

14%

$421

Home Insurance

7%

$217

HOA

2%

$48

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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