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5931 Royal Coach Court Raleigh, NC 27612

3 Beds 2 Baths 1,340 sqft Built 2003

$290,000

List Price

$1,460

$1.3K - $1.6K

Rent Est.

$82,600

Investment Est.

AVAILABLE

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AVAILABLE

1 Year
(+6.3%)
1 YR. PROJ. APPRECIATION


Cap Rate	3.5%
Cash Flow	-$348
Value Increase	$18,751

10 YEAR

Cash On Cash	-1.4%
Total Return	11.3%

PROPERTY INFO

FACTS

Single Family
Built In 2003
Price/Sqft : $216.42
10 Days on Market
MLS # : 2357518
Updated Date : 12/19/2020 at 14:03

CONSTRUCTION

Beds : 3
Floor Size : 1,340 sqft
Baths : 2 full

Listing Agent

Keller Williams Realty

Listing Agent's Description

Move in ready RANCH w/ a large level fenced backyard on a cul de sac street. Spacious eat in kitchen w/pantry, a bay window, & lots of natural light. Enjoy a fire in the wood burning fireplace in the great room w/ cathedral ceilings. Owners suite w/ HUGE WIC, vaulted ceilings w/ a door leading out to the deck perfect for a cup of morning coffee. Owners bath has double vanity, separate shower & jetted tub. Storage shed could be your she/he shed. Centrally located close to RTP, shopping and parks.

5931 Royal Coach Ct

Raleigh, North Carolina

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MARKET HIGHLIGHTS

Raleigh Market Report

Raleigh-Durham combined metros' economy is worth over $137 billion in Gross Metro Product and projected to grow to $146 billion in 2019 (USMayors.org, 2018)
Raleigh-Durham combined metros has 65.3% labor force participation rate higher than the national rate of 62.8% (USMayors.org, 2018)

Raleigh-Durham combined metros contribute to 24.1% of North Carolina's state economy i.e. Gross State Product (USMayors.org, 2018)
University of North Carolina, Duke University and Davidson University systems drive rental demand

#7 Best Big City for Jobs 2018 (Forbes, 2018)
Major employers in Raleigh area: IBM, Cisco systems, Fidelity Investments, GlaxoSmithKline, RTI International

One of Top 10 cities for Small Business Friendliness (Thumbtack, 2018)

Neighborhood: Westborough

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Westborough

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME	EDUCATIONAL LEVEL	SCHOOL TYPE	# OF STUDENTS	# OF TEACHERS	GREATSCHOOLS RATING
Pleasant Groves Elementary School	Primary	Regular			NA
Daniels Middle School	Middle	Magnet	1,158	67	6
Broughton High School	High	Magnet	2,112	126	6

Pleasant Groves Elementary School

Education Level: Primary
# of students:
# of teachers:

GreatSchools Rating

Daniels Middle School

Education Level: Middle
# of students: 1,158
# of teachers: 67

GreatSchools Rating

Broughton High School

Education Level: High
# of students: 2,112
# of teachers: 126

GreatSchools Rating

FINANCIALS

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$261,000$319,00000$290,000

PURCHASE PRICE

$1,314$1,60600$1,460

RENT

DOWN PAYMENT

FINANCING

OFF ON

Acquisition Concierge

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PROPERTY

Expense Inflation	%
Vacancy	%
Length of Stay
Expense Inflation	%
Vacancy	%
Length of Stay

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (6+)

Appreciation	%
Rental Growth	%
Maintenance	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

Learn how to read this

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME	Rent	$1,460
EXPENSES	Loan Payment	-$1,070
	Property Tax	-$247
	Property Insurance	-$53
	Property Management Fees	-$119




CASH FLOW -$29

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$290,000

PROJECTED PRICE

$1,460

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS
Expense Inflation	2.50%
Rental Growth Year (1-5)	4.33%
Appreciation Year (1-5)	6.3%
Maintenance Year (1-5)	8.00%
Vacancy	7.51%
Length of Stay Years	2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

Cash Flow
Appreciation
Principal

PROJECTED ANNUAL CASH FLOW

Tenant Turnover

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

Appreciation
Principal
Loan Balance

TOTAL CASH OUT OF POCKET

INVESTMENT

$82,600

Down Payment	$72,500
Rehab Estimate	$5,750
Closing Costs	$4,350

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,070

MONTHLY LOAN PAYMENT

30 yr

4.25%

25.00%

Down Payment

Term	30 Years
Interest	4.25%
Down Payment	$72,500
Loan Amount	$217,500

See What Happens When You Reinvest Cash Flow

5.67

YEARS SAVED

$22,008

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

$1,460
LIST RENT
$1.09
LIST RENT PER SQFT

$1,453
COMP ESTIMATED VALUE
$1.08
COMP AVG. RENT PER SQFT

Comps Range

$1,460

1$1,4602$1,4953$1,5494$1,5955$1,595

$1,595

RENT COMPS ANALYSIS

1,345
PROPERTY SQFT
$1.08
AVG RENT PER SQFT
$1,453
ESTIMATED VALUE
$1,460
LIST RENT

5931 Royal Coach Court Raleigh, NC 5

3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2003
Price

Price Per SQFT

$290,000

$215.61
4513 Lancashire Drive Raleigh, NC 1

3 beds 2 baths ∙ 1,344 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 1984
SOLD 07/15/20
Price

Price Per SQFT

$242,500

$180.43
4508 Tetbury Place Raleigh, NC 2

3 beds 2 baths ∙ 1,490 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,490 Sqft ∙ Built 1983
SOLD 07/24/20
Price

Price Per SQFT

$270,000

$181.21
7125 Sandringham Drive Raleigh, NC 3

3 beds 3 baths ∙ 1,595 Sqft ∙ Built 1984 3 beds 3 baths ∙ 1,595 Sqft ∙ Built 1984
SOLD 07/29/20
Price

Price Per SQFT

$275,000

$172.41
4724 Delta Ridge Court Raleigh, NC 4

3 beds 3 baths ∙ 1,619 Sqft ∙ Built 1999 3 beds 3 baths ∙ 1,619 Sqft ∙ Built 1999
SOLD 08/13/20
Price

Price Per SQFT

$289,900

$179.06

5931 Royal Coach Court Raleigh, NC 1

3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2003
Rent

Rent Per SQFT

$1,460

$1.09
8100 Brumbley Place Raleigh, NC 2

3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1997
LEASED 07/24/20
Rent

Rent Per SQFT

$1,495

$1.07
5936 Royal Coach Court Raleigh, NC 3

3 beds 2 baths ∙ 1,465 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 2004
LEASED 03/23/20
Rent

Rent Per SQFT

$1,549

$1.06
6000 Westborough Drive Raleigh, NC 4

3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,400 Sqft ∙ Built 1999
LEASED 05/12/20
Rent

Rent Per SQFT

$1,595

$1.14
8005 Tobin Place Raleigh, NC 5

3 beds 2 baths ∙ 1,512 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,512 Sqft ∙ Built 2002
LEASED 12/01/20
Rent

Rent Per SQFT

$1,595

$1.05

PROPERTY LISTING DETAILS

Sara Wilhelmy
1.919.306.0119
Keller Williams Realty

Tamara Artist
1.866.250.5610
Homeunion NC, LLC
NCREC #C26317

Triangle Multiple Listing Service ( TMLS)
MLS #: 2357518
Last Updated: 12/19/2020

5931 Royal Coach Court Raleigh, NC 27612

$290,000

$1,460

$82,600

REQUEST INFO

PROPERTY INFO

FACTS

CONSTRUCTION

Listing Agent

Listing Agent's Description

MARKET HIGHLIGHTS

PRICE & RENT TRENDS

SCHOOLS

Pleasant Groves Elementary School

Daniels Middle School

Broughton High School

FINANCIALS

$261,000$319,00000$290,000

$1,314$1,60600$1,460

Acquisition Concierge

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

$290,000

$1,460

0.50%

PROJECTED ACCUMULATED WEALTH

PROJECTED ANNUAL CASH FLOW

PROJECTED PROPERTY VALUE

TOTAL CASH OUT OF POCKET

INVESTMENT

LOAN DETAILS

25%

$1,070

5.67

$22,008

$290,000

$215.61

$239,783

$178.28

COMPS RANGE

PRICE COMPS ANALYSIS

$1,460

$1.09

$1,453

$1.08

Comps Range

RENT COMPS ANALYSIS

PROPERTY LISTING DETAILS