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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 Airbnb investment with a projected -9.11% first-year return on $112k initial cash invested.

-9.11%

Cash On Cash

3.55%

Cap Rate

0.63

DSCR

$3,081

Rent

-$850

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

$112k

Downpayment

20%

$83,800

Closing costs

1%

$4,190

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$3,081

Total Expenses

$3,931

Mortgage P&I

64%

$1,965

Property Taxes

11%

$338

Home Insurance

5%

$150

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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ADR

Beds

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5

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0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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5

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