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319 Pine Nut Ln, Apex, NC 27502

3 beds • 3 baths • 1616 sqft

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This property looks like a bad Airbnb investment with a projected -15.11% first-year return on $123k initial cash invested.

-15.11%

Cash On Cash

2.78%

Cap Rate

0.45

DSCR

$3,127

Rent

-$1,547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,127 income − $4,674 expenses = $1,547 out of pocket

Income$3,127Out of Pocket$1,547Mortgage P&I$2,58083%Property Taxes$36412%Insurance$1796%HOA$502%Management$46915%CapEx$1254%Maintenance$1254%Other$78225%

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,880

Closing costs

1%

$4,994

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,127

Total Expenses

$4,674

Mortgage P&I

83%

$2,580

Property Taxes

12%

$364

Home Insurance

6%

$179

HOA

2%

$50

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$782

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