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Long-Term Rental Analysis
1432 Fairway Ridge Dr, Raleigh, NC 27606
$275,0003 beds • 2 baths • 1230 sqft

This property looks like a bad Long-Term investment with a projected -4.14% first-year return on $57,750 initial cash invested.

Cash On Cash
-4.14%
Cap Rate
5.98%
Rent
$2,123
Cashflow
-$199
Rent Confidence:  High
Annual
$25,476
Median
$2,310
Avg
$2,125
Samples
25
Financing

Purchase Price  $275k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $57,750
Downpayment  $55,000
Closing costs  $2,750
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $2,123
Total Expenses  $2,322
Mortgage P&I  $1,464
Property Taxes  $211
Home Insurance  $96
PManagement  $212
CapEx  $106
Vacancy  $127
Maintenance  $106
Other  $0
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61291 Schaub Dr, Apt H$14503212250.3 mi
71130 Schaub Dr$16003211890.3 mi
81130 Schaub Dr, Apt G$16003211890.3 mi
9601 Mccaw Bridge St, # 500-401$26023212480.9 mi
10601 Mccaw Bridge St, # 600-108$25393212480.9 mi
11601 Mccaw Bridge St, # 300-101$25393212480.9 mi
12601 Mccaw Bridge St, # 700-308$25753212480.9 mi
13601 Mccaw Bridge St, # 100-301$25753212480.9 mi
14601 Mccaw Bridge St, # 400-301$23103212480.9 mi
15601 Mccaw Bridge St, # 300-201$26143212480.9 mi
16601 Mccaw Bridge St, # 700-108$26203212480.9 mi
17601 Mccaw Bridge St, # 500-201$23703212480.9 mi
18601 Mccaw Bridge St, # 100-401$25563212480.9 mi
19601 Mccaw Bridge St, # 700-208$32453212480.9 mi
20601 Mccaw Bridge St, # 600-408$27773212480.9 mi
21601 Mccaw Bridge St, # 300-301$19413212480.9 mi
22601 Mccaw Bridge St, # 600-208$23743212480.9 mi
23601 Mccaw Bridge St, # 100-201$19183212480.9 mi
24601 Mccaw Bridge St, # 200-201$18653212480.9 mi
25601 Mccaw Bridge St, # 500-101$19213212480.9 mi