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3616 Open Sight Ct, Raleigh, NC 27616

3 beds • 3 baths • 1360 sqft

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This property looks like a bad Long-Term investment with a projected -11.16% first-year return on $65,940 initial cash invested.

-11.16%

Cash On Cash

4.4%

Cap Rate

0.69

DSCR

$1,860

Rent

-$613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,940

Downpayment

20%

$62,800

Closing costs

1%

$3,140

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,860

Total Expenses

$2,473

Mortgage P&I

90%

$1,671

Property Taxes

9%

$164

Home Insurance

6%

$110

HOA

2%

$44

PManagement

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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