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204 S State St, Raleigh, NC 27601

3 beds • 1 baths • 1131 sqft

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This property looks like a bad Long-Term investment with a projected -5.7% first-year return on $64,050 initial cash invested.

-5.7%

Cash On Cash

5.19%

Cap Rate

0.87

DSCR

$2,090

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,090

Total Expenses

$2,394

Mortgage P&I

73%

$1,520

Property Taxes

11%

$225

Home Insurance

5%

$107

PManagement

10%

$209

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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