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2304 Fields Of Broadlands Dr, Raleigh, NC 27604

3 beds • 2 baths • 1234 sqft

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This property looks like a bad Long-Term investment with a projected -11.59% first-year return on $68,040 initial cash invested.

-11.59%

Cash On Cash

4.1%

Cap Rate

0.66

DSCR

$1,840

Rent

-$657

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,040

Downpayment

20%

$64,800

Closing costs

1%

$3,240

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,840

Total Expenses

$2,497

Mortgage P&I

91%

$1,671

Property Taxes

11%

$206

Home Insurance

6%

$113

HOA

2%

$29

PManagement

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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