REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

5801 Forest Point Rd, Raleigh, NC 27610

3 beds • 3 baths • 1395 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.41% first-year return on $58,779 initial cash invested.

-10.41%

Cash On Cash

4.66%

Cap Rate

$1,770

Rent

-$510

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,770

Total Expenses

$2,280

Mortgage P&I

85%

$1,510

Property Taxes

11%

$194

Home Insurance

6%

$98

HOA

1%

$19

PManagement

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

5908 Wynmore Rd, Raleigh, NC 27610

$1,649

3

3

1464

0.2 mi

4105 Laurel Glen Dr, Raleigh, NC 27610

$1,890

3

3

1508

0.2 mi

3924 Laurel Glen Dr, Raleigh, NC 27610

$1,850

3

2.5

1440

0.3 mi

6320 Little Drew Ln, Raleigh, NC 27610

$1,995

3

3

1573

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$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

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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis