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$4,248 (target)

3016 Slippery Creek Ct, Raleigh, NC 27616

3 beds • 4 baths • 3463 sqft

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This property looks like a bad Mid-Term investment with a projected -11.56% first-year return on $174k initial cash invested.

-11.56%

Cash On Cash

3.68%

Cap Rate

0.6

DSCR

$4,248

Rent

-$1,678

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,248 income − $5,926 expenses = $1,678 out of pocket

Income$4,248Out of Pocket$1,678Mortgage P&I$3,79089%Property Taxes$3629%Insurance$2706%HOA$601%Management$51012%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46711%

Investment Breakdown

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Purchase Price

$744k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$149k

Closing costs

1%

$7,435

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,248

Total Expenses

$5,926

Mortgage P&I

89%

$3,790

Property Taxes

9%

$362

Home Insurance

6%

$270

HOA

1%

$60

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

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