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716 Bailey Dr, Raleigh, NC 27610

3 beds • 1 baths • 975 sqft

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This property looks like a bad Long-Term investment with a projected -10.89% first-year return on $59,850 initial cash invested.

-10.89%

Cash On Cash

4.44%

Cap Rate

$1,600

Rent

-$543

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

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Investment Breakdown

Financing

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,600

Total Expenses

$2,143

Mortgage P&I

95%

$1,517

Property Taxes

7%

$110

Home Insurance

6%

$100

PManagement

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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