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3624 Meadow Creek Ln, Raleigh, NC 27616

3 beds • 2 baths • 1135 sqft

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This property looks like a bad Long-Term investment with a projected -6.44% first-year return on $54,600 initial cash invested.

-6.44%

Cash On Cash

5.36%

Cap Rate

0.85

DSCR

$1,820

Rent

-$293

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,820

Total Expenses

$2,113

Mortgage P&I

75%

$1,364

Property Taxes

7%

$136

Home Insurance

5%

$91

HOA

3%

$49

PManagement

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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Beds

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2

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4

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2

1

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5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

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4

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