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$2,715 (target)

401 Kinsman Ct, Fuquay Varina, NC 27526

3 beds • 2 baths • 1422 sqft

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This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $89,337 initial cash invested.

-1.73%

Cash On Cash

5.86%

Cap Rate

0.99

DSCR

$2,715

Rent

-$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $2,844 expenses = $129 out of pocket

Income$2,715Out of Pocket$129Mortgage P&I$1,67962%Property Taxes$1124%Insurance$1214%HOA$8Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,337

Downpayment

20%

$67,940

Closing costs

1%

$3,397

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,715

Total Expenses

$2,844

Mortgage P&I

62%

$1,679

Property Taxes

4%

$112

Home Insurance

4%

$121

HOA

0%

$8

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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