REI Lense- Airbnb
- Long-Term
- Mid-Term
Long-Term Rental Analysis
1711 Pender St, Raleigh, NC 27610
$235,000 • 2 beds • 1 baths • 1166 sqft
This property looks like a bad Long-Term investment with a projected -8.8% first-year return on $49,350 initial cash invested.
Cash On Cash
-8.8%
Cap Rate
4.94%
Rent
$1,575
Signal: High
Cashflow
-$362
Financing
Purchase Price $235k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $49,350
Downpayment $47,000
Closing costs $2,350
Rehab $0
Furnishing $0
Cashflow
Total Income $1,575
Total Expenses $1,937
Mortgage P&I $1,251
Property Taxes $194
Home Insurance $82
PManagement $158
CapEx $79
Vacancy $94
Maintenance $79
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1309 E Jones St, Unit 1309 | $1595 | 2 | 1 | 1200 | 0.6 mi |
| 2 | 112 Lincoln Ct, Apt A | $1400 | 2 | 1 | 1111 | 0.8 mi |
| 3 | 1003 N State St | $1600 | 2 | 1 | 1100 | 1.2 mi |
| 4 | 1710 Oakwood Ave | $1499 | 2 | 1 | 1008 | 0.2 mi |
| 5 | 1611 Cross St | $1575 | 2 | 1 | 973 | 0.4 mi |
| 6 | 1612 Boyer St | $1450 | 2 | 1 | 950 | 0.2 mi |
| 7 | 15 N Fisher St # Boyer St | $1450 | 2 | 1 | 950 | 0.2 mi |
| 8 | 800 Brighton Rd | $1650 | 2 | 1 | 1000 | 1 mi |
| 9 | 2120 Hawkins St, Apt D | $975 | 2 | 1 | 957 | 0.9 mi |
| 10 | 804 Culpepper Ln | $1845 | 2 | 1 | 1400 | 1.3 mi |
| 11 | 815 E Davie St | $2150 | 2 | 1.5 | 1071 | 1.3 mi |
| 12 | 706 Tyler Rd | $2300 | 2 | 1 | 920 | 1.1 mi |
| 13 | 207 Colleton Rd, Unit 207 | $1199 | 2 | 1.5 | 960 | 0.1 mi |
| 14 | 704 Monroe Dr | $2300 | 2 | 2 | 1151 | 1.2 mi |
| 15 | 1207 1/2 E Martin St | $1400 | 2 | 1 | 0.9 mi | |
| 16 | 133 S Tarboro St | $1500 | 2 | 2 | 1101 | 0.9 mi |
| 17 | 105 Heck St | $995 | 2 | 1 | 1 mi | |
| 18 | 626 Glascock St | $2895 | 2 | 2 | 1200 | 1.4 mi |
| 19 | 131 S Tarboro St | $1895 | 2 | 2 | 1101 | 0.9 mi |
| 20 | 212 Hill St | $1450 | 2 | 1 | 816 | 0.3 mi |
| 21 | 734 E Lenoir St | $1595 | 2 | 1 | 900 | 1.5 mi |
| 22 | 206 Colleton Rd, Unit 204 | $1550 | 2 | 1 | 800 | 0.2 mi |
| 23 | 319 Seawell Ave | $2000 | 2 | 1 | 1.2 mi | |
| 24 | 2128 Milburnie Rd | $1395 | 2 | 1 | 840 | 0.7 mi |
| 25 | 818 E Martin St | $1680 | 2 | 1 | 1.3 mi |