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$2,768 (target)

1509 Woodard St, Raleigh, NC 27610

3 beds • 2 baths • 1166 sqft

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This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $80,895 initial cash invested.

1.42%

Cash On Cash

6.82%

Cap Rate

1.14

DSCR

$2,768

Rent

$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,768 income − $2,672 expenses = $96 cash flow

Income$2,768Mortgage P&I$1,49654%Property Taxes$1305%Insurance$1054%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%Cash Flow$96

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,768

Total Expenses

$2,672

Mortgage P&I

54%

$1,496

Property Taxes

5%

$130

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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