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2028 Ranch Mill Cir, Raleigh, NC 27610

3 beds • 2 baths • 1147 sqft

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This property looks like a bad Long-Term investment with a projected -6.4% first-year return on $52,500 initial cash invested.

-6.4%

Cash On Cash

5.03%

Cap Rate

0.84

DSCR

$1,720

Rent

-$280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,720

Total Expenses

$2,000

Mortgage P&I

72%

$1,241

Property Taxes

10%

$180

Home Insurance

5%

$88

HOA

3%

$44

PManagement

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

5413 Drum Inlet Pl, Raleigh, NC 27610

$1,730

3

2

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0.6 mi

2020 Ranch Mill Cir, Raleigh, NC 27610

$1,695

3

2

1200

0 mi

2004 Ranch Mill Cir, Raleigh, NC 27610

$1,599

3

2

1093

0.1 mi

5616 Sherrif Pl W, Raleigh, NC 27610

$1,690

3

2

1115

0.8 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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