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Long-Term Rental Analysis
1209 Beverly Dr, Raleigh, NC 27610
$275,000 • 3 beds • 2 baths • 1250 sqft
This property looks like a bad Long-Term investment with a projected -9% first-year return on $57,750 initial cash invested.
Cash On Cash
-9%
Cap Rate
4.87%
Rent
$1,725
Signal: High
Cashflow
-$433
Financing
Purchase Price $275k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $57,750
Downpayment $55,000
Closing costs $2,750
Rehab $0
Furnishing $0
Cashflow
Total Income $1,725
Total Expenses $2,158
Mortgage P&I $1,464
Property Taxes $150
Home Insurance $96
PManagement $172
CapEx $86
Vacancy $104
Maintenance $86
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3217 Cotton Grv, Run | $1725 | 3 | 2 | 1270 | 0.8 mi |
| 2 | 844 Rawls Dr | $1450 | 3 | 2 | 1261 | 0.9 mi |
| 3 | 2407 Maplewood Ln | $1640 | 3 | 2 | 1296 | 0.6 mi |
| 4 | 1529 Pleasant Garden Ln | $1745 | 3 | 2 | 1264 | 1.1 mi |
| 5 | 1529 Garden Ln | $1830 | 3 | 2 | 1264 | 1.1 mi |
| 6 | 1405 Pleasant Garden Ln | $1725 | 3 | 2 | 1283 | 0.9 mi |
| 7 | 2905 Glasgow St | $1800 | 3 | 2 | 1340 | 0.4 mi |
| 8 | 3224 Cotton Grv, Run | $1679 | 3 | 2 | 1313 | 0.9 mi |
| 9 | 623 Rawls Dr, Unit 102 | $1850 | 3 | 2 | 1300 | 1.6 mi |
| 10 | 3333 Woodmeadow Pkwy | $1595 | 3 | 2 | 1152 | 1 mi |
| 11 | 1528 Pleasant Garden Ln | $1595 | 3 | 2 | 1160 | 1.1 mi |
| 12 | 619 Rawls Dr, Unit 101 | $1850 | 3 | 2 | 1300 | 1.6 mi |
| 13 | 1517 Pleasant Garden Ln | $1620 | 3 | 2 | 1152 | 1.1 mi |
| 14 | 2434 Jimmy Carter Way | $1805 | 3 | 2 | 1391 | 0.7 mi |
| 15 | 3204 Bell Dr | $660 | 3 | 2 | 1400 | 1 mi |
| 16 | 2451 Jimmy Carter Way | $1699 | 3 | 2 | 1092 | 0.8 mi |
| 17 | 2918 Haven Rd, # 1 | $1975 | 3 | 2 | 1350 | 1.8 mi |
| 18 | 1217 Southgate Dr | $1795 | 3 | 2 | 1427 | 1.1 mi |
| 19 | 1601 Briarmont Ct | $1695 | 3 | 2.5 | 1200 | 1.1 mi |
| 20 | 905 Belmont Dr | $1600 | 3 | 1.5 | 1185 | 0.9 mi |
| 21 | 1614 Briarmont Ct | $1550 | 3 | 2.5 | 1200 | 1.1 mi |
| 22 | 1705 E Lenoir St | $1800 | 3 | 2 | 1150 | 2.1 mi |
| 23 | 2704 Lead Crystal Ct | $1745 | 3 | 2 | 1426 | 1.5 mi |
| 24 | 2701 Lead Crystal Ct | $1950 | 3 | 2.5 | 1292 | 1.4 mi |
| 25 | 1216 Bentley Ln | $1550 | 3 | 1.5 | 1092 | 0.2 mi |