Property Analysis for 4009 Ingram Dr, Raleigh, NC 27604

Long-Term Rental Analysis

4009 Ingram Dr, Raleigh, NC 27604

$300,000 • 3 beds • 2 baths • 1258 sqft

This property looks like a bad Long-Term investment with a projected -15.56% first-year return on $63,000 initial cash invested.

Cash On Cash

-15.56%

Cap Rate

3.46%

Rent

$1,684

Cashflow

-$817

Rent Confidence: High

Annual

$20,208

Median

$1,590

Avg

$1,683

Samples

Financing

Purchase Price $300k

Downpayment 20.0%

Interest Rate 7.0%

Mortgage Duration 30yr.

Cash To Invest

Total $63,000

Downpayment 20% $60,000

Closing costs 1% $3,000

Rehab 0% $0

Furnishing 0% $0

Cashflow

Total Income $1,684

Total Expenses $2,501

Mortgage P&I 95% $1,597

Property Taxes 22% $362

Home Insurance 6% $105

PManagement 10% $168

CapEx 5% $84

Vacancy 6% $101

Maintenance 5% $84

Other 0% $0

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

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	3729 Arrowwood Dr	$2195	3	2	1308	0.3 mi
2	3316 Arrowwood Dr, # A	$1840	3	2	1250	0.9 mi
3	4274 Lake Ridge Dr	$1700	3	2	1300	0.8 mi
4	3316 Arrowwood Dr	$1840	3	2	1300	0.9 mi
5	3316 Arrowwood Dr, Unit A	$1995	3	2	1300	0.9 mi
6	3105 Selkirk Pl	$2200	3	2	1306	0.9 mi
7	3819 Bonneville Ct, # 3819B	$1675	3	2	1183	0.6 mi
8	3819 Bonneville Ct, # 3819F	$1675	3	2	1183	0.7 mi
9	3819 Bonneville Ct, # 3815E	$1555	3	2	1183	0.7 mi
10	3616 Baugh St	$1500	3	2	1200	1 mi
11	3831 Brentwood Rd, # 28E	$1550	3	2	1183	0.8 mi
12	3831 Brentwood Rd, # 16E	$1550	3	2	1183	0.8 mi
13	2816 New Hope Church Rd	$1610	3	1.5	1249	0.1 mi
14	3831 Brentwood Rd, # 06B	$1550	3	2	1183	0.8 mi
15	3831 Brentwood Rd, # 15B	$1550	3	2	1183	0.8 mi
16	3831 Brentwood Rd, # 10E	$1550	3	2	1183	0.8 mi
17	3831 Brentwood Rd, # 04E	$1550	3	2	1183	0.8 mi
18	3831 Brentwood Rd, # 18B	$1550	3	2	1183	0.8 mi
19	3831 Brentwood Rd, # 15F	$1550	3	2	1183	0.8 mi
20	3831 Brentwood Rd, # 12F	$1550	3	2	1183	0.8 mi
21	3831 Brentwood Rd, # 30B	$1540	3	2	1183	0.8 mi
22	4313 Lake Ridge Dr	$1595	3	2.5	1240	0.8 mi
23	3801 Bison Hill Ln	$1625	3	2.5	1200	1.1 mi
24	3609 Bison Hill Ln	$1590	3	2.5	1328	1 mi
25	4611 Grinding Stone Dr, Apt C	$2000	3	2.5	1319	1.3 mi

Projections