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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 -16.85% first-year return on $140k initial cash invested.

-16.85%

Cash On Cash

2.15%

Cap Rate

0.36

DSCR

$3,178

Rent

-$1,972

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,178 income − $5,150 expenses = $1,972 out of pocket

Income$3,178Out of Pocket$1,972Mortgage P&I$2,88991%Property Taxes$44014%Insurance$2087%HOA$883%Management$47715%CapEx$1274%Maintenance$1274%Other$79425%

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

$3,178

Total Expenses

$5,150

Mortgage P&I

91%

$2,889

Property Taxes

14%

$440

Home Insurance

7%

$208

HOA

3%

$88

Property Management

15%

$477

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$794

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