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8549 Kenridge Ln, Fuquay Varina, NC 27526

3 beds • 2 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -8.03% first-year return on $97,863 initial cash invested.

-8.03%

Cash On Cash

4.03%

Cap Rate

0.7

DSCR

$2,643

Rent

-$655

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,863

Downpayment

20%

$76,060

Closing costs

1%

$3,803

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,643

Total Expenses

$3,298

Mortgage P&I

69%

$1,826

Property Taxes

12%

$323

Home Insurance

5%

$135

HOA

4%

$115

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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