REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2013 Aiken Ave, Durham, NC 27704

3 beds • 2 baths • 1008 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.53% first-year return on $55,650 initial cash invested.

-7.53%

Cash On Cash

4.78%

Cap Rate

0.8

DSCR

$1,670

Rent

-$349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,670

Total Expenses

$2,019

Mortgage P&I

79%

$1,321

Property Taxes

10%

$170

Home Insurance

6%

$93

PManagement

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1919 Faucette Ave, Durham, NC 27704

$1,725

3

2

1100

0.2 mi

2011 Aiken Ave, Durham, NC 27704

$1,595

3

2

1120

0 mi

1103 Delano St, Durham, NC 27703

$1,595

3

2

1050

1 mi

2330 Taylor St, Durham, NC 27703

$1,675

3

2

986

1.5 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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis