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8325 Bells Lake Rd, Apex, NC 27539

3 beds • 3 baths • 1960 sqft

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This property looks like a bad Airbnb investment with a projected -4.47% first-year return on $79,929 initial cash invested.

-4.47%

Cash On Cash

5.1%

Cap Rate

0.87

DSCR

$2,774

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,929

Downpayment

20%

$58,980

Closing costs

1%

$2,949

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,774

Total Expenses

$3,072

Mortgage P&I

52%

$1,440

Property Taxes

6%

$164

Home Insurance

5%

$136

HOA

0%

$0

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$694

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