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Long-Term Rental Analysis
2305 Lockwood Folly Ln, Raleigh, NC 27610
$305,0003 beds • 2 baths • 1440 sqft

This property looks like a bad Long-Term investment with a projected -11.93% first-year return on $64,050 initial cash invested.

Cash On Cash
-11.93%
Cap Rate
4.23%
Rent
$1,753
Cashflow
-$637
Rent Confidence:  High
Annual
$21,036
Median
$1,769
Avg
$1,753
Samples
25
Financing

Purchase Price  $305k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $64,050
Downpayment  $61,000
Closing costs  $3,050
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,753
Total Expenses  $2,390
Mortgage P&I  $1,623
Property Taxes  $204
Home Insurance  $107
PManagement  $175
CapEx  $88
Vacancy  $105
Maintenance  $88
Other  $0
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