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$2,931 (target)

2809 Stageline Dr, Raleigh, NC 27603

3 beds • 2 baths • 1378 sqft

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This property looks like a bad Mid-Term investment with a projected -2.81% first-year return on $87,468 initial cash invested.

-2.81%

Cash On Cash

6.34%

Cap Rate

0.95

DSCR

$2,931

Rent

-$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,931 income − $3,136 expenses = $205 out of pocket

Income$2,931Out of Pocket$205Mortgage P&I$1,83763%Property Taxes$1816%Insurance$1224%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%

Investment Breakdown

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Purchase Price

$331k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,468

Downpayment

20%

$66,160

Closing costs

1%

$3,308

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,931

Total Expenses

$3,136

Mortgage P&I

63%

$1,837

Property Taxes

6%

$181

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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