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$2,483 (target)

2002 Charlion Downs Ln, Apex, NC 27502

3 beds • 3 baths • 2119 sqft

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This property looks like a bad Long-Term investment with a projected -15.78% first-year return on $108k initial cash invested.

-15.78%

Cash On Cash

3.14%

Cap Rate

0.51

DSCR

$2,483

Rent

-$1,421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,483 income − $3,904 expenses = $1,421 out of pocket

Income$2,483Out of Pocket$1,421Mortgage P&I$2,644106%Property Taxes$37215%Insurance$1847%HOA$592%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

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Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,145

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,483

Total Expenses

$3,904

Mortgage P&I

106%

$2,644

Property Taxes

15%

$372

Home Insurance

7%

$184

HOA

2%

$59

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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