REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,904 (target)

919 Homestead Park Dr, Apex, NC 27502

3 beds • 2 baths • 1230 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.58% first-year return on $102k initial cash invested.

-5.58%

Cash On Cash

4.8%

Cap Rate

0.82

DSCR

$2,904

Rent

-$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$402k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,420

Closing costs

1%

$4,021

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,904

Total Expenses

$3,380

Mortgage P&I

68%

$1,969

Property Taxes

9%

$264

Home Insurance

5%

$144

HOA

1%

$17

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis