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5020 Red Cedar Rd, Raleigh, NC 27613

3 beds • 3 baths • 2692 sqft

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This property looks like a bad Airbnb investment with a projected -8.38% first-year return on $153k initial cash invested.

-8.38%

Cash On Cash

4.24%

Cap Rate

0.72

DSCR

$5,004

Rent

-$1,068

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$643k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,428

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,004

Total Expenses

$6,072

Mortgage P&I

63%

$3,141

Property Taxes

6%

$309

Home Insurance

4%

$220

HOA

0%

$0

Property Management

15%

$751

CapEx

4%

$200

Vacancy

0%

$0

Maintenance

4%

$200

Other

25%

$1,251

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