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3570 Futura Ln, Raleigh, NC 27610

3 beds • 3 baths • 1592 sqft

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This property looks like a bad Long-Term investment with a projected -10.92% first-year return on $64,050 initial cash invested.

-10.92%

Cash On Cash

4.46%

Cap Rate

$1,860

Rent

-$583

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,860

Total Expenses

$2,443

Mortgage P&I

87%

$1,623

Property Taxes

12%

$215

Home Insurance

6%

$107

HOA

1%

$14

PManagement

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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