REI Lense

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$2,445 (target)

41 Starcroft Dr, Fuquay Varina, NC 27526

3 beds • 2 baths • 1150 sqft

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This property looks like a bad Mid-Term investment with a projected -1.56% first-year return on $77,493 initial cash invested.

-1.56%

Cash On Cash

6.32%

Cap Rate

1

DSCR

$2,445

Rent

-$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,445 income − $2,546 expenses = $101 out of pocket

Income$2,445Out of Pocket$101Mortgage P&I$1,49661%Property Taxes$1145%Insurance$1054%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26911%

Investment Breakdown

|

Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,493

Downpayment

20%

$56,660

Closing costs

1%

$2,833

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,445

Total Expenses

$2,546

Mortgage P&I

61%

$1,496

Property Taxes

5%

$114

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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