Zip Code 27616 — Raleigh, NC
🔴WEAK— appreciation play onlyCap Rate
3.6%
Monthly Cash Flow
-$835
Median Home Price
$358,815
DSCR
0.56
🏠 Fair Market Rents
- Studio
- $1,350/mo
- 1 Bedroom
- $1,390/mo
- 2 Bedroom
- $1,560/mo
- 3 Bedroom
- $1,930/mo
- 4 Bedroom
- $2,570/mo
📊 Investment Metrics
- Cap Rate
- 3.6%
- Cash-on-Cash Return
- -12.2%
- Price-to-Rent Ratio
- 15.5
- 1% Rule
- 0.54%
- Gross Rent Multiplier
- 15.5
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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