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413 Solar Dr, Raleigh, NC 27610

4 beds • 2 baths • 1521 sqft

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This property looks like a bad Long-Term investment with a projected -5.31% first-year return on $63,000 initial cash invested.

-5.31%

Cash On Cash

5.26%

Cap Rate

0.88

DSCR

$2,010

Rent

-$279

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

6.4%

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

$2,010

Total Expenses

$2,289

Mortgage P&I

74%

$1,495

Property Taxes

8%

$167

Home Insurance

5%

$105

PManagement

10%

$201

CapEx

5%

$100

Vacancy

6%

$121

Maintenance

5%

$100

Other

0%

$0

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