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117 Oakchest Ct, Durham, NC 27703

3 beds • 3 baths • 1884 sqft

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This property looks like a bad Airbnb investment with a projected -7.7% first-year return on $103k initial cash invested.

-7.7%

Cash On Cash

4.34%

Cap Rate

0.74

DSCR

$3,576

Rent

-$664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$407k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,400

Closing costs

1%

$4,070

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,576

Total Expenses

$4,240

Mortgage P&I

56%

$1,993

Property Taxes

9%

$339

Home Insurance

4%

$145

HOA

1%

$47

Property Management

15%

$536

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$894

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