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$3,784 (target)

2334 School Creek Pl, Raleigh, NC 27606

3 beds • 3 baths • 2039 sqft

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This property looks like a bad Mid-Term investment with a projected -7.22% first-year return on $127k initial cash invested.

-7.22%

Cash On Cash

4.72%

Cap Rate

0.77

DSCR

$3,784

Rent

-$765

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,784 income − $4,549 expenses = $765 out of pocket

Income$3,784Out of Pocket$765Mortgage P&I$2,66070%Property Taxes$36610%Insurance$1875%HOA$501%Management$45412%CapEx$1514%Vacancy$1143%Maintenance$1514%Other$41611%

Investment Breakdown

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Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,199

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,784

Total Expenses

$4,549

Mortgage P&I

70%

$2,660

Property Taxes

10%

$366

Home Insurance

5%

$187

HOA

1%

$50

Property Management

12%

$454

CapEx

4%

$151

Vacancy

3%

$114

Maintenance

4%

$151

Other

11%

$416

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