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$3,052 (target)

3241 Lake Woodard Dr, Raleigh, NC 27604

3 beds • 3 baths • 1386 sqft

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This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $82,911 initial cash invested.

1.72%

Cash On Cash

7%

Cap Rate

1.15

DSCR

$3,052

Rent

$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,052 income − $2,933 expenses = $119 cash flow

Income$3,052Mortgage P&I$1,56351%Property Taxes$2207%Insurance$1124%Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$119

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,911

Downpayment

20%

$61,820

Closing costs

1%

$3,091

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,052

Total Expenses

$2,933

Mortgage P&I

51%

$1,563

Property Taxes

7%

$220

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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