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$3,384 (target)

5029 Delta Lake Dr, Raleigh, NC 27612

3 beds • 3 baths • 1790 sqft

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This property looks like a bad Mid-Term investment with a projected -11.31% first-year return on $125k initial cash invested.

-11.31%

Cash On Cash

4.2%

Cap Rate

0.63

DSCR

$3,384

Rent

-$1,179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,384 income − $4,563 expenses = $1,179 out of pocket

Income$3,384Out of Pocket$1,179Mortgage P&I$2,83084%Property Taxes$36711%Insurance$1845%HOA$321%Management$40612%CapEx$1354%Vacancy$1023%Maintenance$1354%Other$37211%

Investment Breakdown

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Purchase Price

$510k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,098

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,384

Total Expenses

$4,563

Mortgage P&I

84%

$2,830

Property Taxes

11%

$367

Home Insurance

5%

$184

HOA

1%

$32

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$372

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