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3525 Serendipity Dr, Raleigh, NC 27616

4 beds • 3 baths • 2624 sqft

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This property looks like a bad Airbnb investment with a projected -11.6% first-year return on $117k initial cash invested.

-11.6%

Cash On Cash

3.16%

Cap Rate

0.54

DSCR

$2,968

Rent

-$1,131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$88,600

Closing costs

1%

$4,430

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$2,968

Total Expenses

$4,099

Mortgage P&I

73%

$2,179

Property Taxes

10%

$304

Home Insurance

5%

$158

HOA

1%

$33

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

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