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205 Pine Mill Ln, Apex, NC 27502

3 beds • 3 baths • 1680 sqft

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This property looks like a bad Airbnb investment with a projected -13.43% first-year return on $123k initial cash invested.

-13.43%

Cash On Cash

2.93%

Cap Rate

0.49

DSCR

$3,245

Rent

-$1,375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,840

Closing costs

1%

$4,992

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,245

Total Expenses

$4,620

Mortgage P&I

76%

$2,464

Property Taxes

11%

$370

Home Insurance

5%

$178

HOA

2%

$50

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$811

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