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$3,027 (target)

2414 Lincoln St, Durham, NC 27707

3 beds • 2 baths • 1416 sqft

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This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $81,336 initial cash invested.

1.87%

Cash On Cash

7.01%

Cap Rate

1.16

DSCR

$3,027

Rent

$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,027 income − $2,900 expenses = $127 cash flow

Income$3,027Mortgage P&I$1,51450%Property Taxes$2528%Insurance$1053%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$127

Investment Breakdown

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Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,336

Downpayment

20%

$60,320

Closing costs

1%

$3,016

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,027

Total Expenses

$2,900

Mortgage P&I

50%

$1,514

Property Taxes

8%

$252

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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