REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,584 (target)

2008 Bull City Bnd, Durham, NC 27703

3 beds • 2 baths • 1989 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.3% first-year return on $128k initial cash invested.

-10.3%

Cash On Cash

4.01%

Cap Rate

0.65

DSCR

$3,584

Rent

-$1,095

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,584 income − $4,679 expenses = $1,095 out of pocket

Income$3,584Out of Pocket$1,095Mortgage P&I$2,69775%Property Taxes$3319%Insurance$1835%HOA$2507%Management$43012%CapEx$1434%Vacancy$1083%Maintenance$1434%Other$39411%

Investment Breakdown

|

Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$104k

Closing costs

1%

$5,220

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,584

Total Expenses

$4,679

Mortgage P&I

75%

$2,697

Property Taxes

9%

$331

Home Insurance

5%

$183

HOA

7%

$250

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis