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1207 Wall St, Durham, NC 27701

2 beds • 1 baths • 969 sqft

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This property looks like a bad Long-Term investment with a projected -9.6% first-year return on $52,500 initial cash invested.

-9.6%

Cash On Cash

4.6%

Cap Rate

0.74

DSCR

$1,520

Rent

-$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,520

Total Expenses

$1,940

Mortgage P&I

86%

$1,303

Property Taxes

10%

$154

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1211 Wall St, Durham, NC 27701

$1,700

2

1

936

0 mi

1608 Angier Ave # B, Durham, NC 27703

$1,450

2

1

775

0.4 mi

1608 Angier Ave, Durham, NC 27703

$1,450

2

1

775

0.4 mi

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$1,350

2

1

1225

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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