REI Lense

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$2,256 (target)

5029 Delta Lake Dr, Raleigh, NC 27612

3 beds • 3 baths • 1790 sqft

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This property looks like a bad Long-Term investment with a projected -19.55% first-year return on $107k initial cash invested.

-19.55%

Cash On Cash

2.82%

Cap Rate

0.42

DSCR

$2,256

Rent

-$1,744

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,256 income − $4,000 expenses = $1,744 out of pocket

Income$2,256Out of Pocket$1,744Mortgage P&I$2,830125%Property Taxes$36716%Insurance$1848%HOA$321%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

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Purchase Price

$510k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$102k

Closing costs

1%

$5,098

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,256

Total Expenses

$4,000

Mortgage P&I

125%

$2,830

Property Taxes

16%

$367

Home Insurance

8%

$184

HOA

1%

$32

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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