REI Lense

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$3,351 (target)

2820 Haw River Trl, Apex, NC 27502

3 beds • 3 baths • 2045 sqft

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This property looks like a bad Mid-Term investment with a projected -12.08% first-year return on $140k initial cash invested.

-12.08%

Cash On Cash

3.31%

Cap Rate

0.56

DSCR

$3,351

Rent

-$1,414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$3,351

Total Expenses

$4,765

Mortgage P&I

86%

$2,889

Property Taxes

13%

$440

Home Insurance

6%

$208

HOA

3%

$88

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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