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2600 New Oxford Dr, Apex, NC 27539

3 beds • 4 baths • 2338 sqft

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This property looks like a bad Airbnb investment with a projected -11.11% first-year return on $136k initial cash invested.

-11.11%

Cash On Cash

3.63%

Cap Rate

0.61

DSCR

$3,829

Rent

-$1,255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,829 income − $5,084 expenses = $1,255 out of pocket

Income$3,829Out of Pocket$1,255Mortgage P&I$2,79673%Property Taxes$2557%Insurance$1965%Management$57415%CapEx$1534%Maintenance$1534%Other$95725%

Investment Breakdown

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Purchase Price

$560k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$112k

Closing costs

1%

$5,600

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,829

Total Expenses

$5,084

Mortgage P&I

73%

$2,796

Property Taxes

7%

$255

Home Insurance

5%

$196

HOA

0%

$0

Property Management

15%

$574

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$957

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