Property Analysis for 2801 Quince Dr, Raleigh, NC 27610

Long-Term Rental Analysis

2801 Quince Dr, Raleigh, NC 27610

$325,000 • 2 beds • 1 baths • 1334 sqft

This property looks like a bad Long-Term investment with a projected -13.68% first-year return on $68,250 initial cash invested.

Cash On Cash

-13.68%

Cap Rate

3.5%

Rent

$1,600

Cashflow

-$778

Rent Confidence: High

Annual

$19,200

Median

$1,550

Avg

$1,585

Samples

Financing

Purchase Price $325k

Downpayment 20.0%

Interest Rate 6.5%

Mortgage Duration 30yr.

Cash To Invest

Total $68,250

Downpayment 20% $65,000

Closing costs 1% $3,250

Rehab 0% $0

Furnishing 0% $0

Cashflow

Total Income $1,600

Total Expenses $2,378

Mortgage P&I 103% $1,646

Property Taxes 13% $202

Home Insurance 7% $114

PManagement 10% $160

CapEx 5% $80

Vacancy 6% $96

Maintenance 5% $80

Other 0% $0

Google Maps with the subject property comparables is loading...

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	428 Tanner Dr, Raleigh, NC 27610	$1200	2	1	1008	0.9 mi
2	1109 Savannah Dr, Raleigh, NC 27610	$925	1	1	1327	0.2 mi
3	575 Rose Ln, Raleigh, NC 27610	$1500	2	1	850	1.7 mi
4	2805 Newbold St, Raleigh, NC 27603	$1400	2	1	814	1.4 mi
5	2617 Layden St, Raleigh, NC 27603	$1445	2	1	786	1.5 mi
6	2600 Newbold St, Raleigh, NC 27603	$1400	2	1	786	1.5 mi
7	2513 Newbold Dr, Raleigh, NC 27603	$1645	2	2	1017	1.6 mi
8	3108 Snowberry Dr, Raleigh, NC 27610	$1745	3	1	1516	0.3 mi
9	2508 Keith Dr, Raleigh, NC 27610	$1495	3	1.5	1296	0.3 mi
10	1212 Armstrong Cir, Raleigh, NC 27610	$1545	3	1	1135	0.1 mi
11	1304 Seabrook Rd, Raleigh, NC 27610	$1550	3	1	1120	0 mi
12	2001 Southgate Dr, Raleigh, NC 27610	$1800	3	1	1175	0.8 mi
13	2712 Layden St, Raleigh, NC 27603	$1600	2	2	968	1.5 mi
14	1204 Seabrook Rd, Raleigh, NC 27610	$1475	3	1	1089	0.1 mi
15	1108 Savannah Dr, Raleigh, NC 27610	$1475	3	1	1100	0.2 mi
16	2809 Daytona Dr, Raleigh, NC 27610	$1295	3	1.5	1218	0.1 mi
17	1308 Seabrook Rd, Raleigh, NC 27610	$1695	3	2	1320	0 mi
18	1200 Armstrong Cir, Raleigh, NC 27610	$2200	3	2	1346	0.1 mi
19	3213 Burntwood Cir, Raleigh, NC 27610	$1920	3	2	1327	0.2 mi
20	2808 Golden St, Raleigh, NC 27610	$1660	3	1.5	1177	0.4 mi
21	3720 Woodside Rd, Garner, NC 27529	$1600	3	1	1092	1 mi
22	805 Newcombe Rd, Raleigh, NC 27610	$2250	3	2	1327	0.8 mi
23	2045 Star Sapphire Dr, Raleigh, NC 27610	$1980	3	2	1324	1 mi
24	1120 Ujamaa Dr, Raleigh, NC 27610	$1995	3	2	1286	0.6 mi
25	2809 Killian Ct, Raleigh, NC 27610	$825	1	1	1710	1 mi

Projections