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211 Cool Springs Rd, Durham, NC 27713

3 beds • 2 baths • 1747 sqft

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This property might be a fair Long-Term investment with a projected 6.31% first-year return on $48,279 initial cash invested.

6.31%

Cash On Cash

7.89%

Cap Rate

1.32

DSCR

$2,240

Rent

$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,240

Total Expenses

$1,986

Mortgage P&I

51%

$1,146

Property Taxes

8%

$178

Home Insurance

4%

$80

PManagement

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

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2

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3

2

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1.2 mi

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3

2

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0.8 mi

8006 Crenshaw Ln, Durham, NC 27713

$2,250

3

2

1640

1.2 mi

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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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