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$4,196 (target)

2641 Silver Bend Dr, Apex, NC 27539

3 beds • 3 baths • 2577 sqft

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This property looks like a bad Mid-Term investment with a projected -10.88% first-year return on $161k initial cash invested.

-10.88%

Cash On Cash

3.85%

Cap Rate

0.63

DSCR

$4,196

Rent

-$1,455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,196 income − $5,651 expenses = $1,455 out of pocket

Income$4,196Out of Pocket$1,455Mortgage P&I$3,46383%Property Taxes$45711%Insurance$2285%HOA$752%Management$50412%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46211%

Investment Breakdown

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Purchase Price

$679k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,788

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,196

Total Expenses

$5,651

Mortgage P&I

83%

$3,463

Property Taxes

11%

$457

Home Insurance

5%

$228

HOA

2%

$75

Property Management

12%

$504

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$462

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