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$3,600 (target)

8901 Pleasant Meadow Dr, Raleigh, NC 27615

3 beds • 2 baths • 1987 sqft

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This property looks like a bad Mid-Term investment with a projected -8.05% first-year return on $130k initial cash invested.

-8.05%

Cash On Cash

4.42%

Cap Rate

0.73

DSCR

$3,600

Rent

-$875

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,600 income − $4,475 expenses = $875 out of pocket

Income$3,600Out of Pocket$875Mortgage P&I$2,70375%Property Taxes$35610%Insurance$1925%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,356

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,600

Total Expenses

$4,475

Mortgage P&I

75%

$2,703

Property Taxes

10%

$356

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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