2322 Del Webb Gardens Dr, Fuquay Varina, NC 27526
3 beds • 3 baths • 2228 sqft
$622,900
View on ZillowThis property looks like a bad Long-Term investment with a projected -23.59% first-year return on $131k initial cash invested.
-23.59%
Cash On Cash
1.6%
Cap Rate
0.25
DSCR
$2,326
Rent
-$2,571
Cashflow
Cash Flow
$2,326 income − $4,897 expenses = $2,571 out of pocket
Investment Breakdown
|
Purchase Price
$623k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,229
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,326
Total Expenses
$4,897
Mortgage P&I
141%
$3,284
Property Taxes
20%
$464
Home Insurance
11%
$254
HOA
12%
$290
Property Management
10%
$233
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0