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Long-Term Rental Analysis
3333 Lake Woodard Dr, Raleigh, NC 27604
$295,900 • 3 beds • 2 baths • 1312 sqft

This property looks like a bad Long-Term investment with a projected -8.98% first-year return on $62,139 initial cash invested.

Cash On Cash
-8.98%
Cap Rate
4.87%
Rent
$1,843
Cashflow
-$465
Rent Confidence:  High
Annual
$22,116
Median
$1,795
Avg
$1,843
Samples
25
Financing
Purchase Price  $296k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $62,139
Downpayment  $59,180
Closing costs  $2,959
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $1,843
Total Expenses  $2,308
Mortgage P&I  $1,575
Property Taxes  $150
Home Insurance  $104
PManagement  $184
CapEx  $92
Vacancy  $111
Maintenance  $92
Other  $0
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