REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

5713 Forest Point Rd, Raleigh, NC 27609

3 beds • 3 baths • 1404 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.84% first-year return on $59,850 initial cash invested.

-7.84%

Cash On Cash

4.58%

Cap Rate

0.78

DSCR

$1,780

Rent

-$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,780

Total Expenses

$2,171

Mortgage P&I

78%

$1,389

Property Taxes

11%

$199

Home Insurance

6%

$100

HOA

1%

$20

PManagement

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

5816 Wynmore Rd, Raleigh, NC 27610

$1,749

3

3

1488

0.1 mi

4105 Laurel Glen Dr, Raleigh, NC 27610

$1,820

3

3

1508

0.3 mi

5620 Bolitar Dr, Raleigh, NC 27610

$1,680

3

2.5

1404

0.2 mi

4009 Laurel Glen Dr, Raleigh, NC 27610

$1,920

3

3

1570

0.4 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