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3085 Portland Ave, Apex, NC 27502

3 beds • 3 baths • 2760 sqft

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This property looks like a bad Mid-Term investment with a projected -13.45% first-year return on $181k initial cash invested.

-13.45%

Cash On Cash

2.95%

Cap Rate

0.51

DSCR

$3,982

Rent

-$2,028

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$776k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,761

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,982

Total Expenses

$6,010

Mortgage P&I

95%

$3,779

Property Taxes

13%

$524

Home Insurance

7%

$279

HOA

2%

$75

Property Management

12%

$478

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$438

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