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$4,188 (target)

1904 Stadium Dr, Durham, NC 27705

3 beds • 3 baths • 2157 sqft

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This property might be a fair Mid-Term investment with a projected 5.56% first-year return on $93,600 initial cash invested.

5.56%

Cash On Cash

8.11%

Cap Rate

1.33

DSCR

$4,188

Rent

$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,188 income − $3,754 expenses = $434 cash flow

Income$4,188Mortgage P&I$1,83244%Property Taxes$3709%Insurance$1263%Management$50312%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46111%Cash Flow$434

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,188

Total Expenses

$3,754

Mortgage P&I

44%

$1,832

Property Taxes

9%

$370

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$503

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$461

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