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2505 Otis St, Durham, NC 27707

3 beds • 1 baths • 1201 sqft

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This property might be a fair Long-Term investment with a projected 0.63% first-year return on $44,100 initial cash invested.

0.63%

Cash On Cash

6.62%

Cap Rate

1.11

DSCR

$1,750

Rent

$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$1,727

Mortgage P&I

60%

$1,047

Property Taxes

9%

$150

Home Insurance

4%

$74

PManagement

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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Distance

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2

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5

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$2,850

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