REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1700 Park Ridge Way, Raleigh, NC 27614

3 beds • 3 baths • 1602 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.91% first-year return on $118k initial cash invested.

-8.91%

Cash On Cash

4.09%

Cap Rate

0.69

DSCR

$3,680

Rent

-$876

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$476k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,160

Closing costs

1%

$4,758

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,680

Total Expenses

$4,556

Mortgage P&I

64%

$2,349

Property Taxes

7%

$245

Home Insurance

5%

$171

HOA

1%

$25

Property Management

15%

$552

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$920

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis