REI Lense

REI Lense

Unlock all features! Tap here to upgrade

300 Burnt Pine Ct, Apex, NC 27502

3 beds • 3 baths • 1638 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.37% first-year return on $132k initial cash invested.

-16.37%

Cash On Cash

2.38%

Cap Rate

0.39

DSCR

$3,064

Rent

-$1,807

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,064 income − $4,871 expenses = $1,807 out of pocket

Income$3,064Out of Pocket$1,807Mortgage P&I$2,76590%Property Taxes$38813%Insurance$1966%HOA$502%Management$46015%CapEx$1234%Maintenance$1234%Other$76625%

Investment Breakdown

|

Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,450

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,064

Total Expenses

$4,871

Mortgage P&I

90%

$2,765

Property Taxes

13%

$388

Home Insurance

6%

$196

HOA

2%

$50

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$766

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis