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601 Joseph Alexander Dr, Fuquay Varina, NC 27526

3 beds • 3 baths • 2600 sqft

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This property looks like a bad Airbnb investment with a projected -9.76% first-year return on $111k initial cash invested.

-9.76%

Cash On Cash

3.88%

Cap Rate

0.65

DSCR

$3,287

Rent

-$905

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,820

Closing costs

1%

$4,441

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,287

Total Expenses

$4,192

Mortgage P&I

67%

$2,211

Property Taxes

7%

$214

Home Insurance

5%

$158

HOA

1%

$32

Property Management

15%

$493

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$822

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