REI LenseREI Lense
  • Airbnb
  • Long-Term
  • Mid-Term
Long-Term Rental Analysis
1112 Kitt Pl, Raleigh, NC 27610
$289,9003 beds • 1 baths • 1418 sqft

This property looks like a bad Long-Term investment with a projected -9.95% first-year return on $60,879 initial cash invested.

Cash On Cash
-9.95%
Cap Rate
4.67%
Rent
$1,816
Cashflow
-$505
Rent Confidence:  High
Annual
$21,792
Median
$1,745
Avg
$1,793
Samples
25
Financing

Purchase Price  $290k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $60,879
Downpayment  $57,980
Closing costs  $2,899
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,816
Total Expenses  $2,321
Mortgage P&I  $1,543
Property Taxes  $203
Home Insurance  $102
PManagement  $182
CapEx  $91
Vacancy  $109
Maintenance  $91
Other  $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
11413 Garner Rd$14503112691.5 mi
22001 Southgate Dr$18003111750.9 mi
31913 Bates St$16503111000.7 mi
41905 Charles St$15003110960.9 mi
51304 Seabrook Rd$17003111201.3 mi
6708 Hadley Rd$1649310.8 mi
71217 Southgate Dr$17953214271.5 mi
82704 Lead Crystal Ct$17453214261.6 mi
91203 Bunche Dr$12953110000.2 mi
10904 Seabrook Rd$17503214601.3 mi
112434 Jimmy Carter Way$17803213911.6 mi
12852 Newcombe Rd$30003213000.6 mi
131433 Garner Rd$25753213651.5 mi
141200 Armstrong Cir$22003213461.3 mi
15721 Bunche Dr$13953110000.6 mi
16820 Newcombe Rd$1695319950.7 mi
17712 Hadley Rd$17503212710.7 mi
181308 Seabrook Rd$16953213201.3 mi
19819 Hadley Rd$1375319750.6 mi
201121 Savannah Dr$180031.511881.4 mi
21772 Lunar Dr$1500311.7 mi
223213 Burntwood Cir$19203213271.6 mi
232716 Purple Garnet Way$20953215311.6 mi
242045 Star Sapphire Dr$19803213241.7 mi
253400 Fatima Ct$17253213471.9 mi