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633 Lake Artesia Ln, Fuquay Varina, NC 27526

3 beds • 3 baths • 2333 sqft

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This property looks like a bad Long-Term investment with a projected -14.68% first-year return on $97,860 initial cash invested.

-14.68%

Cash On Cash

2.98%

Cap Rate

0.52

DSCR

$2,188

Rent

-$1,197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$466k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,860

Downpayment

20%

$93,200

Closing costs

1%

$4,660

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,188

Total Expenses

$3,385

Mortgage P&I

103%

$2,244

Property Taxes

16%

$343

Home Insurance

8%

$166

HOA

3%

$64

Property Management

10%

$219

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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