REI LenseREI Lense
  • Airbnb
  • Long-Term
  • Mid-Term
Long-Term Rental Analysis
4221 Bay Rum Ln, Raleigh, NC 27610
$335,0003 beds • 3 baths • 1989 sqft

This property looks like a bad Long-Term investment with a projected -12.83% first-year return on $70,350 initial cash invested.

Cash On Cash
-12.83%
Cap Rate
4.04%
Rent
$1,910
Cashflow
-$752
Rent Confidence:  High
Annual
$22,920
Median
$1,895
Avg
$1,911
Samples
25
Financing

Purchase Price  $335k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $70,350
Downpayment  $67,000
Closing costs  $3,350
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,910
Total Expenses  $2,662
Mortgage P&I  $1,783
Property Taxes  $251
Home Insurance  $117
HOA  $13
PManagement  $191
CapEx  $96
Vacancy  $115
Maintenance  $96
Other  $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
17000 Spanglers Spring Way$18953319700.1 mi
24137 Bay Rum Ln$179032.519700.2 mi
34324 Bay Rum Ln$183532.519250.2 mi
43652 Marshlane Way$180532.519720.6 mi
53670 Marshlane Way$194032.519630.6 mi
64033 Griffis Glen Dr$179032.519490.5 mi
74117 Bay Rum Ln$191532.519200.3 mi
83651 Marshlane Way$186532.519650.6 mi
96604 Bunker Hill Dr$189532.520290.6 mi
106809 Lakinsville Ln$174932.519290.5 mi
116802 Resting Grove Rd$19103321711.3 mi
123144 La Costa Way$21003317300.5 mi
136838 Harter Ct$194532.520090.9 mi
143725 Stark Rd$195032.520900.5 mi
156818 Resting Grove Rd$225032.520001.3 mi
166801 Resting Grove Rd$197532.520321.2 mi
176045 Ricker Rd$206532.518890.8 mi
186828 Lakinsville Ln$18753316260.4 mi
193617 Coulwood Ct$195032.518520.6 mi
204209 Bay Rum Ln$185032.522400.1 mi
216315 Quitman Trl$185032.519121.2 mi
223786 Marshlane Way$19453316140.5 mi
236013 Ladish Ln$18753316410.7 mi
247028 Paint Rock Ln$187532.517870.3 mi
253919 Griffis Glen Dr$187032.522640.2 mi