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4404 Ellinwood Dr, Apex, NC 27539

3 beds • 3 baths • 2962 sqft

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This property looks like a bad Airbnb investment with a projected -13.62% first-year return on $165k initial cash invested.

-13.62%

Cash On Cash

2.93%

Cap Rate

0.5

DSCR

$4,015

Rent

-$1,874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$700k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$7,004

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,015

Total Expenses

$5,889

Mortgage P&I

85%

$3,422

Property Taxes

7%

$285

Home Insurance

6%

$254

HOA

0%

$0

Property Management

15%

$602

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,004

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