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2323 Orangewood Dr, Durham, NC 27705

4 beds • 2 baths • 2087 sqft

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This property looks like a bad Long-Term investment with a projected -8.95% first-year return on $87,990 initial cash invested.

-8.95%

Cash On Cash

4.1%

Cap Rate

0.73

DSCR

$2,430

Rent

-$656

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$419k

Downpayment

20.0%

Interest Rate

5.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,990

Downpayment

20%

$83,800

Closing costs

1%

$4,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,430

Total Expenses

$3,086

Mortgage P&I

81%

$1,965

Property Taxes

14%

$338

Home Insurance

6%

$150

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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