REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

6908 Park Pl, Raleigh, NC 27616

3 beds • 2 baths • 1407 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.48% first-year return on $56,679 initial cash invested.

-6.48%

Cash On Cash

5.38%

Cap Rate

$1,930

Rent

-$306

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,930

Total Expenses

$2,236

Mortgage P&I

74%

$1,420

Property Taxes

11%

$221

Home Insurance

5%

$94

PManagement

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

6913 Jeffreys Creek Ln, Raleigh, NC 27616

$1,899

3

2

1464

0.4 mi

5117 Liston Dr, Raleigh, NC 27616

$1,895

3

2

1396

1 mi

6901 Whittlesea Pl, Raleigh, NC 27616

$1,860

3

2

1477

0.4 mi

5105 Oxley Pl, Raleigh, NC 27616

$2,085

3

2

1590

0.3 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