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$2,020 (target)

213 Sneed Ln, Fuquay Varina, NC 27526

3 beds • 3 baths • 1516 sqft

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This property looks like a bad Long-Term investment with a projected -11.98% first-year return on $78,729 initial cash invested.

-11.98%

Cash On Cash

3.8%

Cap Rate

0.63

DSCR

$2,020

Rent

-$786

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,020 income − $2,806 expenses = $786 out of pocket

Income$2,020Out of Pocket$786Mortgage P&I$1,87293%Property Taxes$1889%Insurance$1316%HOA$904%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,020

Total Expenses

$2,806

Mortgage P&I

93%

$1,872

Property Taxes

9%

$188

Home Insurance

6%

$131

HOA

4%

$90

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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