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3609 Oates Dr, Raleigh, NC 27604

3 beds • 2 baths • 1264 sqft

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This property looks like a bad Long-Term investment with a projected -8.99% first-year return on $63,000 initial cash invested.

-8.99%

Cash On Cash

4.53%

Cap Rate

0.75

DSCR

$1,800

Rent

-$472

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$2,272

Mortgage P&I

84%

$1,515

Property Taxes

10%

$184

Home Insurance

6%

$105

PManagement

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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