REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3615 Open Sight Ct, Raleigh, NC 27616

3 beds • 3 baths • 1492 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.14% first-year return on $65,079 initial cash invested.

-10.14%

Cash On Cash

4.56%

Cap Rate

$1,890

Rent

-$550

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$2,440

Mortgage P&I

86%

$1,634

Property Taxes

9%

$164

Home Insurance

6%

$108

HOA

2%

$44

PManagement

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

Google Maps with the subject property comparables is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

3504 Limber Ln, Raleigh, NC 27616

$2,100

3

3

1600

0.3 mi

7537 Thebes Dr, Raleigh, NC 27616

$1,899

3

3

1472

1.4 mi

7125 Lowell Ridge Rd, Raleigh, NC 27616

$1,975

3

3

1700

0.2 mi

3536 Dechart Ln, Raleigh, NC 27616

$2,100

3

2.5

1529

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