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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 Long-Term investment with a projected -13.03% first-year return on $121k initial cash invested.

-13.03%

Cash On Cash

3.43%

Cap Rate

0.58

DSCR

$2,890

Rent

-$1,316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$577k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,773

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,890

Total Expenses

$4,206

Mortgage P&I

98%

$2,821

Property Taxes

15%

$425

Home Insurance

7%

$210

HOA

0%

$0

Property Management

10%

$289

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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