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2502 Sevier St, Durham, NC 27705

4 beds • 5 baths • 3865 sqft

$1,389,600

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This property looks like a bad Long-Term investment with a projected -24.97% first-year return on $292k initial cash invested.

-24.97%

Cash On Cash

0.58%

Cap Rate

0.1

DSCR

$2,600

Rent

-$6,071

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1390k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$292k

Downpayment

20%

$278k

Closing costs

1%

$13,896

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,600

Total Expenses

$8,671

Mortgage P&I

254%

$6,608

Property Taxes

37%

$967

Home Insurance

16%

$420

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

211 Pathwood Ln, Durham, NC 27705

$3,300

4

2.5

3340

1.2 mi

2907 Alderman Ln, Durham, NC 27705

$2,400

4

2.5

0.9 mi

1108 Birchbark Rd, Durham, NC 27705

$3,295

5

4

3200

0.9 mi

2734 Sevier St, Durham, NC 27705

$3,300

3

2

3000

0.4 mi

104 W Rancho Del Cerro

$2,500

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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