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$2,477 (target)

6509 Wavcott Dr, Fuquay Varina, NC 27526

3 beds • 2 baths • 2225 sqft

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This property looks like a bad Long-Term investment with a projected -15.26% first-year return on $120k initial cash invested.

-15.26%

Cash On Cash

3.03%

Cap Rate

0.51

DSCR

$2,477

Rent

-$1,528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,477 income − $4,005 expenses = $1,528 out of pocket

Income$2,477Out of Pocket$1,528Mortgage P&I$2,849115%Property Taxes$27011%Insurance$2159%HOA$261%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

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Purchase Price

$572k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$114k

Closing costs

1%

$5,720

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,477

Total Expenses

$4,005

Mortgage P&I

115%

$2,849

Property Taxes

11%

$270

Home Insurance

9%

$215

HOA

1%

$26

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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