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$2,727 (target)

503 Quest Ridge Dr, Fuquay Varina, NC 27526

3 beds • 3 baths • 1480 sqft

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This property looks like a bad Mid-Term investment with a projected -2.72% first-year return on $86,607 initial cash invested.

-2.72%

Cash On Cash

5.74%

Cap Rate

0.95

DSCR

$2,727

Rent

-$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,727 income − $2,923 expenses = $196 out of pocket

Income$2,727Out of Pocket$196Mortgage P&I$1,65061%Property Taxes$2329%Insurance$1144%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,607

Downpayment

20%

$65,340

Closing costs

1%

$3,267

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,727

Total Expenses

$2,923

Mortgage P&I

61%

$1,650

Property Taxes

9%

$232

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

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