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3422 Carolyn Dr, Raleigh, NC 27604

3 beds • 2 baths • 1637 sqft

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This property looks like a bad Mid-Term investment with a projected -6.14% first-year return on $102k initial cash invested.

-6.14%

Cash On Cash

4.54%

Cap Rate

0.79

DSCR

$2,692

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,692

Total Expenses

$3,214

Mortgage P&I

72%

$1,926

Property Taxes

9%

$232

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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