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1300 Wake Forest Rd, Raleigh, NC 27604

4 beds • 2 baths • 1829 sqft

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This property looks like a bad Airbnb investment with a projected -8.89% first-year return on $145k initial cash invested.

-8.89%

Cash On Cash

4.01%

Cap Rate

0.68

DSCR

$4,577

Rent

-$1,076

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$577k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$115k

Closing costs

1%

$5,773

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$4,577

Total Expenses

$5,653

Mortgage P&I

62%

$2,821

Property Taxes

9%

$425

Home Insurance

5%

$210

HOA

0%

$0

Property Management

15%

$687

CapEx

4%

$183

Vacancy

0%

$0

Maintenance

4%

$183

Other

25%

$1,144

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