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4036 Stone Summit Ln, Raleigh, NC 27603

3 beds • 3 baths • 2131 sqft

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This property looks like a bad Long-Term investment with a projected -15.91% first-year return on $112k initial cash invested.

-15.91%

Cash On Cash

2.82%

Cap Rate

0.48

DSCR

$2,155

Rent

-$1,488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,343

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,155

Total Expenses

$3,643

Mortgage P&I

122%

$2,637

Property Taxes

11%

$240

Home Insurance

9%

$192

HOA

1%

$13

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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