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1802 Bennett St, Raleigh, NC 27604

3 beds • 2 baths • 1303 sqft

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This property looks like a bad Mid-Term investment with a projected -6.81% first-year return on $134k initial cash invested.

-6.81%

Cash On Cash

4.58%

Cap Rate

0.78

DSCR

$3,828

Rent

-$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$555k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$111k

Closing costs

1%

$5,546

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,828

Total Expenses

$4,591

Mortgage P&I

71%

$2,728

Property Taxes

9%

$361

Home Insurance

5%

$201

HOA

0%

$0

Property Management

12%

$459

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$421

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