REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

116 Lumpkin St, Raleigh, NC 27610

2 beds • 1 baths • 774 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.61% first-year return on $49,350 initial cash invested.

-7.61%

Cash On Cash

5.22%

Cap Rate

$1,570

Rent

-$313

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,570

Total Expenses

$1,883

Mortgage P&I

80%

$1,258

Property Taxes

9%

$136

Home Insurance

5%

$82

PManagement

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1600 Poole Rd, Apt F, Raleigh, NC 27610

$1,000

2

1

750

0.1 mi

428 Lansing St, Raleigh, NC 27610

$1,550

2

1

795

0.3 mi

216 Linden Ave, Raleigh, NC 27601

$2,000

2

1

800

1 mi

2133 Sheffield Rd, Raleigh, NC 27610

$1,395

2

1

799

1.1 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