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701 Royal Tower Way, Cary, NC 27513

4 beds • 4 baths • 4445 sqft

$1,013,200

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This property looks like a bad Long-Term investment with a projected -20.65% first-year return on $213k initial cash invested.

-20.65%

Cash On Cash

1.75%

Cap Rate

0.3

DSCR

$3,270

Rent

-$3,661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1013k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$213k

Downpayment

20%

$203k

Closing costs

1%

$10,132

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,270

Total Expenses

$6,931

Mortgage P&I

152%

$4,972

Property Taxes

21%

$687

Home Insurance

11%

$368

HOA

2%

$53

Property Management

10%

$327

CapEx

5%

$164

Vacancy

6%

$196

Maintenance

5%

$164

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

206 Maumee Ct, Cary, NC 27513

$2,950

4

4

3085

0.6 mi

1801 Old London Way, Cary, NC 27513

$3,700

4

3.5

3570

0.7 mi

113 Legault Dr, Cary, NC 27513

$3,397

4

3.5

3600

1.5 mi

256 Marilyn Cir, Cary, NC 27513

$3,900

4

4.5

1.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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