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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 Airbnb investment with a projected -21.56% first-year return on $316k initial cash invested.

-21.56%

Cash On Cash

0.96%

Cap Rate

0.17

DSCR

$4,464

Rent

-$5,675

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

$316k

Downpayment

20%

$278k

Closing costs

1%

$13,896

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$4,464

Total Expenses

$10,139

Mortgage P&I

148%

$6,608

Property Taxes

22%

$967

Home Insurance

9%

$420

HOA

0%

$0

Property Management

15%

$670

CapEx

4%

$179

Vacancy

0%

$0

Maintenance

4%

$179

Other

25%

$1,116

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Comparable Property

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ADR

Beds

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4

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2

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0.9 mi

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5

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2

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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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