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6616 Wavcott Dr, Fuquay Varina, NC 27526

3 beds • 4 baths • 3043 sqft

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This property looks like a bad Airbnb investment with a projected -18.36% first-year return on $164k initial cash invested.

-18.36%

Cash On Cash

1.86%

Cap Rate

0.31

DSCR

$2,984

Rent

-$2,508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,984 income − $5,492 expenses = $2,508 out of pocket

Income$2,984Out of Pocket$2,508Mortgage P&I$3,467116%Property Taxes$30910%Insurance$2549%HOA$301%Management$44815%CapEx$1194%Maintenance$1194%Other$74625%

Investment Breakdown

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Purchase Price

$695k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$139k

Closing costs

1%

$6,947

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,984

Total Expenses

$5,492

Mortgage P&I

116%

$3,467

Property Taxes

10%

$309

Home Insurance

9%

$254

HOA

1%

$30

Property Management

15%

$448

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

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