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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 Mid-Term investment with a projected -6.73% first-year return on $116k initial cash invested.

-6.73%

Cash On Cash

4.44%

Cap Rate

0.77

DSCR

$3,282

Rent

-$650

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

$116k

Downpayment

20%

$93,200

Closing costs

1%

$4,660

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,282

Total Expenses

$3,932

Mortgage P&I

68%

$2,244

Property Taxes

10%

$343

Home Insurance

5%

$166

HOA

2%

$64

Property Management

12%

$394

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$361

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