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$3,052 (target)

319 Pine Nut Ln, Apex, NC 27502

3 beds • 3 baths • 1616 sqft

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This property looks like a bad Mid-Term investment with a projected -11.32% first-year return on $123k initial cash invested.

-11.32%

Cash On Cash

3.71%

Cap Rate

0.6

DSCR

$3,052

Rent

-$1,159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,052 income − $4,211 expenses = $1,159 out of pocket

Income$3,052Out of Pocket$1,159Mortgage P&I$2,58085%Property Taxes$36412%Insurance$1796%HOA$502%Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%

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

$3,052

Total Expenses

$4,211

Mortgage P&I

85%

$2,580

Property Taxes

12%

$364

Home Insurance

6%

$179

HOA

2%

$50

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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