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$3,886 (target)

6321 Silver Creek Ln, Raleigh, NC 27603

3 beds • 3 baths • 2167 sqft

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This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $101k initial cash invested.

1.95%

Cash On Cash

6.96%

Cap Rate

1.16

DSCR

$3,886

Rent

$165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,886 income − $3,721 expenses = $165 cash flow

Income$3,886Mortgage P&I$1,98651%Property Taxes$2226%Insurance$1424%HOA$511%Management$46612%CapEx$1554%Vacancy$1173%Maintenance$1554%Other$42711%Cash Flow$165

Investment Breakdown

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Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,500

Closing costs

1%

$3,975

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,886

Total Expenses

$3,721

Mortgage P&I

51%

$1,986

Property Taxes

6%

$222

Home Insurance

4%

$142

HOA

1%

$51

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$117

Maintenance

4%

$155

Other

11%

$427

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