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2708 Daytona Dr, Raleigh, NC 27610

3 beds • 1 baths • 1142 sqft

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This property looks like a bad Long-Term investment with a projected -9.37% first-year return on $60,081 initial cash invested.

-9.37%

Cash On Cash

4.24%

Cap Rate

0.72

DSCR

$1,630

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,081

Downpayment

20%

$57,220

Closing costs

1%

$2,861

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,630

Total Expenses

$2,099

Mortgage P&I

86%

$1,397

Property Taxes

11%

$176

Home Insurance

6%

$101

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1112 Hazelnut Dr, Raleigh, NC 27610

$1,575

3

1

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$1,550

3

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0.2 mi

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$1,525

3

1

1100

0.2 mi

2009 Atkins Dr, Raleigh, NC 27610

$1,600

3

1

1075

1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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