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$3,716 (target)

6509 Wavcott Dr, Fuquay Varina, NC 27526

3 beds • 2 baths • 2225 sqft

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This property looks like a bad Mid-Term investment with a projected -7.89% first-year return on $138k initial cash invested.

-7.89%

Cash On Cash

4.38%

Cap Rate

0.73

DSCR

$3,716

Rent

-$908

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,716 income − $4,624 expenses = $908 out of pocket

Income$3,716Out of Pocket$908Mortgage P&I$2,84977%Property Taxes$2707%Insurance$2156%HOA$261%Management$44612%CapEx$1494%Vacancy$1113%Maintenance$1494%Other$40911%

Investment Breakdown

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Purchase Price

$572k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,720

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,716

Total Expenses

$4,624

Mortgage P&I

77%

$2,849

Property Taxes

7%

$270

Home Insurance

6%

$215

HOA

1%

$26

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$111

Maintenance

4%

$149

Other

11%

$409

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