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638 E Lakota Dr, Fuquay Varina, NC 27526

3 beds • 2 baths • 2005 sqft

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This property looks like a bad Airbnb investment with a projected -12.73% first-year return on $117k initial cash invested.

-12.73%

Cash On Cash

3.03%

Cap Rate

0.52

DSCR

$3,110

Rent

-$1,238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,000

Closing costs

1%

$4,700

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,110

Total Expenses

$4,348

Mortgage P&I

74%

$2,301

Property Taxes

10%

$312

Home Insurance

5%

$168

HOA

2%

$75

Property Management

15%

$466

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$778

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