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$2,619 (target)

2621 Brad Ct, Apex, NC 27539

3 beds • 2 baths • 1050 sqft

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This property looks like a bad Mid-Term investment with a projected -1.94% first-year return on $85,515 initial cash invested.

-1.94%

Cash On Cash

5.91%

Cap Rate

0.98

DSCR

$2,619

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,619 income − $2,757 expenses = $138 out of pocket

Income$2,619Out of Pocket$138Mortgage P&I$1,61662%Property Taxes$1345%Insurance$1164%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,515

Downpayment

20%

$64,300

Closing costs

1%

$3,215

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,619

Total Expenses

$2,757

Mortgage P&I

62%

$1,616

Property Taxes

5%

$134

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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