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2204 W Carver St, Durham, NC 27705

2 beds • 1 baths • 875 sqft

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This property looks like a bad Long-Term investment with a projected -9.38% first-year return on $56,700 initial cash invested.

-9.38%

Cash On Cash

4.19%

Cap Rate

0.72

DSCR

$1,560

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,560

Total Expenses

$2,003

Mortgage P&I

84%

$1,307

Property Taxes

13%

$196

Home Insurance

6%

$94

PManagement

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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2

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5

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$1,100

2

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$2,850

5

4

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