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616 Bladestone Ct, Apex, NC 27502

3 beds • 2 baths • 1114 sqft

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This property looks like a bad Long-Term investment with a projected -11.2% first-year return on $77,595 initial cash invested.

-11.2%

Cash On Cash

3.83%

Cap Rate

0.65

DSCR

$1,990

Rent

-$724

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,595

Downpayment

20%

$73,900

Closing costs

1%

$3,695

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,990

Total Expenses

$2,714

Mortgage P&I

91%

$1,804

Property Taxes

14%

$282

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$119

Maintenance

5%

$100

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

701 Justice Heights St, Apex, NC 27502

$1,595

3

2

1108

1.1 mi

819 James St, Apex, NC 27502

$1,750

3

2

1090

1.1 mi

111 Sweet Tart Ln, Apex, NC 27502

$2,200

3

2

1144

1.2 mi

211 Milky Way Dr, Apex, NC 27502

$2,000

3

2

1159

1.1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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