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Long-Term Rental Analysis
1405 Cross Link Rd, Raleigh, NC 27610
$295,0003 beds • 2 baths • 1129 sqft

This property looks like a bad Long-Term investment with a projected -7.98% first-year return on $61,950 initial cash invested.

Cash On Cash
-7.98%
Cap Rate
5.1%
Rent
$1,895
Cashflow
-$412
Rent Confidence:  High
Annual
$22,740
Median
$1,770
Avg
$1,896
Samples
25
Financing

Purchase Price  $295k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $61,950
Downpayment  $59,000
Closing costs  $2,950
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,895
Total Expenses  $2,307
Mortgage P&I  $1,570
Property Taxes  $140
Home Insurance  $103
PManagement  $190
CapEx  $95
Vacancy  $114
Maintenance  $95
Other  $0
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