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2 Medearis Ct, Durham, NC 27707

4 beds • 3 baths • 2242 sqft

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This property looks like a bad Airbnb investment with a projected -10.35% first-year return on $133k initial cash invested.

-10.35%

Cash On Cash

3.67%

Cap Rate

0.62

DSCR

$3,878

Rent

-$1,150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$521k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$104k

Closing costs

1%

$5,206

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,878

Total Expenses

$5,028

Mortgage P&I

67%

$2,588

Property Taxes

10%

$392

Home Insurance

5%

$186

HOA

0%

$0

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$970

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Comparable Property

Rent

ADR

Beds

Baths

Distance

*Spacious Townhome * King Bed *Long Term Stays

$3,252

$162

4

2.5

0.13 mi

★ Radiant Retreat ★ King Bed ★ Long Term Stays ★

$4,738

$236

4

2.5

0.2 mi

2 Mi to Duke University: Townhome in Durham!

$3,694

$184

3

3

0.68 mi

*CozyTownhome*King Bed*

$4,858

$242

4

2.5

0.16 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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