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2424 Evers Dr, Raleigh, NC 27610

3 beds • 2 baths • 1156 sqft

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This property looks like a bad Long-Term investment with a projected -9.47% first-year return on $58,779 initial cash invested.

-9.47%

Cash On Cash

4.78%

Cap Rate

0.75

DSCR

$1,750

Rent

-$464

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$2,214

Mortgage P&I

85%

$1,490

Property Taxes

10%

$170

Home Insurance

6%

$98

PManagement

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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