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$2,201 (target)

107 Alba Ln, Durham, NC 27707

3 beds • 3 baths • 1992 sqft

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This property looks like a bad Long-Term investment with a projected -17.99% first-year return on $110k initial cash invested.

-17.99%

Cash On Cash

2.54%

Cap Rate

0.42

DSCR

$2,201

Rent

-$1,642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,201 income − $3,843 expenses = $1,642 out of pocket

Income$2,201Out of Pocket$1,642Mortgage P&I$2,636120%Property Taxes$44620%Insurance$1899%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

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Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$104k

Closing costs

1%

$5,215

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,201

Total Expenses

$3,843

Mortgage P&I

120%

$2,636

Property Taxes

20%

$446

Home Insurance

9%

$189

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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