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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 -13.69% first-year return on $123k initial cash invested.

-13.69%

Cash On Cash

2.86%

Cap Rate

0.48

DSCR

$3,195

Rent

-$1,401

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,195 income − $4,596 expenses = $1,401 out of pocket

Income$3,195Out of Pocket$1,401Mortgage P&I$2,46477%Property Taxes$37012%Insurance$1786%HOA$502%Management$47915%CapEx$1284%Maintenance$1284%Other$79925%

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

$3,195

Total Expenses

$4,596

Mortgage P&I

77%

$2,464

Property Taxes

12%

$370

Home Insurance

6%

$178

HOA

2%

$50

Property Management

15%

$479

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$799

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