REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

8325 Bells Lake Rd, Apex, NC 27539

3 beds • 3 baths • 1960 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.6% first-year return on $61,929 initial cash invested.

-3.6%

Cash On Cash

5.53%

Cap Rate

0.94

DSCR

$2,100

Rent

-$186

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

$61,929

Downpayment

20%

$58,980

Closing costs

1%

$2,949

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,100

Total Expenses

$2,286

Mortgage P&I

69%

$1,440

Property Taxes

8%

$164

Home Insurance

6%

$136

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

6828 Tavernier Ct, Apex, NC 27539

$2,500

3

3

2088

2.4 mi

4833 Frankie Rd, Fuquay Varina, NC 27526

$2,050

3

3

1834

2.3 mi

4408 Mannsfield Ct, Apex, NC 27539

$2,096

3

3

1575

0.5 mi

2928 Sawyers Mill Dr, Apex, NC 27539

$2,450

3

2.5

2200

0.8 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis