REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1808 Elkpark Dr, Raleigh, NC 27610

3 beds • 2 baths • 1121 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.77% first-year return on $57,750 initial cash invested.

-9.77%

Cash On Cash

4.8%

Cap Rate

$1,770

Rent

-$470

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,770

Total Expenses

$2,240

Mortgage P&I

84%

$1,483

Property Taxes

11%

$202

Home Insurance

5%

$96

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

1600 Elkpark Dr, Raleigh, NC 27610

$1,600

3

2

1123

0.1 mi

2805 Frinks St, Raleigh, NC 27610

$1,750

3

2

1107

0.7 mi

1117 Thelonious Dr, Raleigh, NC 27610

$1,700

3

2

1103

1 mi

2720 Sanderford Rd, Raleigh, NC 27610

$1,700

3

2

1216

0.2 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