REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2208 Water Spray Dr, Raleigh, NC 27610

3 beds • 3 baths • 2593 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.34% first-year return on $106k initial cash invested.

-5.34%

Cash On Cash

4.94%

Cap Rate

0.83

DSCR

$3,141

Rent

-$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,500

Closing costs

1%

$4,175

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,141

Total Expenses

$3,611

Mortgage P&I

66%

$2,061

Property Taxes

9%

$295

Home Insurance

5%

$147

HOA

1%

$39

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis