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2400 Trueway Ln, Raleigh, NC 27603

3 beds • 1 baths • 661 sqft

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This property might be a fair Long-Term investment with a projected 6.35% first-year return on $37,800 initial cash invested.

6.35%

Cash On Cash

7.93%

Cap Rate

1.31

DSCR

$1,680

Rent

$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$1,480

Mortgage P&I

54%

$905

Property Taxes

4%

$75

Home Insurance

4%

$63

PManagement

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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