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8005 Looking Glass Ct, Raleigh, NC 27612

4 beds • 3 baths • 2945 sqft

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This property looks like a bad Airbnb investment with a projected -15.72% first-year return on $172k initial cash invested.

-15.72%

Cash On Cash

2.3%

Cap Rate

0.39

DSCR

$3,729

Rent

-$2,254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$705k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$141k

Closing costs

1%

$7,050

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$3,729

Total Expenses

$5,983

Mortgage P&I

93%

$3,459

Property Taxes

13%

$473

Home Insurance

7%

$262

HOA

0%

$0

Property Management

15%

$559

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$932

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