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4404 Willow Lake Rd, Raleigh, NC 27616

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -7.14% first-year return on $92,760 initial cash invested.

-7.14%

Cash On Cash

4.55%

Cap Rate

0.76

DSCR

$3,062

Rent

-$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,062 income − $3,614 expenses = $552 out of pocket

Income$3,062Out of Pocket$552Mortgage P&I$1,78158%Property Taxes$2358%Insurance$1294%Management$45915%CapEx$1224%Maintenance$1224%Other$76625%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,760

Downpayment

20%

$71,200

Closing costs

1%

$3,560

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,062

Total Expenses

$3,614

Mortgage P&I

58%

$1,781

Property Taxes

8%

$235

Home Insurance

4%

$129

HOA

0%

$0

Property Management

15%

$459

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$766

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