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$3,060 (target)

2100 Betry Pl, Raleigh, NC 27603

3 beds • 3 baths • 1928 sqft

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This property looks like a bad Mid-Term investment with a projected -6.6% first-year return on $102k initial cash invested.

-6.6%

Cash On Cash

5.05%

Cap Rate

0.79

DSCR

$3,060

Rent

-$561

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,060 income − $3,621 expenses = $561 out of pocket

Income$3,060Out of Pocket$561Mortgage P&I$2,12269%Property Taxes$30010%Insurance$1405%HOA$191%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33711%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,060

Total Expenses

$3,621

Mortgage P&I

69%

$2,122

Property Taxes

10%

$300

Home Insurance

5%

$140

HOA

1%

$19

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$337

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