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8225 Merriweather Cir, Raleigh, NC 27616

3 beds • 2 baths • 1073 sqft

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This property looks like a bad Long-Term investment with a projected -8.34% first-year return on $59,850 initial cash invested.

-8.34%

Cash On Cash

4.44%

Cap Rate

0.76

DSCR

$1,830

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.1%

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

$1,830

Total Expenses

$2,246

Mortgage P&I

75%

$1,378

Property Taxes

9%

$172

Home Insurance

5%

$100

HOA

7%

$119

PManagement

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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Beds

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SQFT

Distance

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3

2

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0.5 mi

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3

2

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1 mi

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4

2

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1.3 mi

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2

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0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

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$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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