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1220 Garner Rd, Raleigh, NC 27610

2 beds • 1 baths • 838 sqft

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This property looks like a bad Long-Term investment with a projected -12.25% first-year return on $58,590 initial cash invested.

-12.25%

Cash On Cash

3.77%

Cap Rate

0.63

DSCR

$1,450

Rent

-$598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$2,048

Mortgage P&I

97%

$1,403

Property Taxes

12%

$171

Home Insurance

7%

$98

PManagement

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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2

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5

4

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2

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$2,850

5

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