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Project Rental Revenue For Any Address

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Long-Term Rental Analysis
2431 Jimmy Carter Way, Raleigh, NC 27610
$239,900 • 3 beds • 2 baths • 1255 sqft

This property looks like a bad Long-Term investment with a projected -5.03% first-year return on $50,379 initial cash invested.

Cash On Cash
-5.03%
Cap Rate
5.77%
Rent
$1,849
Cashflow
-$211
Rent Confidence:  High
Annual
$22,188
Median
$1,795
Avg
$1,850
Samples
25
Financing
Purchase Price  $240k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $50,379
Downpayment  20% $47,980
Closing costs  1% $2,399
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $1,849
Total Expenses  $2,060
Mortgage P&I  69% $1,273
Property Taxes  12% $223
Home Insurance  5% $84
PManagement  10% $185
CapEx  5% $92
Vacancy  6% $111
Maintenance  5% $92
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
12504 Little John Rd$21953212500.6 mi
22407 Maplewood Ln$16403212960.3 mi
3901 Greenwich St$12003212501.2 mi
42516 Little John Rd$21003211800.6 mi
52434 Jimmy Carter Way$17803213910.1 mi
61529 Garden Ln$18303212641.6 mi
71529 Pleasant Garden Ln$17453212641.6 mi
82045 Star Sapphire Dr$19803213241.1 mi
92904 Buckthorne Ct$17953212411.9 mi
102451 Jimmy Carter Way$16993210920.1 mi
11833 Coleman St$22503212502.1 mi
122905 Glasgow St$18003213401.2 mi
131217 Southgate Dr$17953214270.4 mi
142509 Baney Ct$16903212211.9 mi
15812 Greenwich St$22503213481.3 mi
16909 Greenwich St$12003213601.2 mi
172520 Baney Ct$18253212191.9 mi
181401 E Lenoir St$17503212832.1 mi
192504 Evers Dr$17953212032 mi
201506 E Lenoir St$21653212042 mi
21804 Vardaman St, Unit B$23753212002 mi
221112 Coleman St$23503212012 mi
233333 Woodmeadow Pkwy$15953211521.5 mi
241616 Elkpark Dr$16903212002.1 mi
252704 Lead Crystal Ct$17453214261 mi

Projections