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2820 Haw River Trl, Apex, NC 27502

3 beds • 3 baths • 2045 sqft

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This property looks like a bad Airbnb investment with a projected -15.63% first-year return on $140k initial cash invested.

-15.63%

Cash On Cash

2.47%

Cap Rate

0.41

DSCR

$3,453

Rent

-$1,829

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,453 income − $5,282 expenses = $1,829 out of pocket

Income$3,453Out of Pocket$1,829Mortgage P&I$2,88984%Property Taxes$44013%Insurance$2086%HOA$883%Management$51815%CapEx$1384%Maintenance$1384%Other$86325%

Investment Breakdown

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Purchase Price

$583k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$117k

Closing costs

1%

$5,830

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,453

Total Expenses

$5,282

Mortgage P&I

84%

$2,889

Property Taxes

13%

$440

Home Insurance

6%

$208

HOA

3%

$88

Property Management

15%

$518

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$863

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