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2517 Ferrell Rd, Durham, NC 27704

3 beds • 4 baths • 1685 sqft

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This property looks like a bad Airbnb investment with a projected -10.66% first-year return on $90,240 initial cash invested.

-10.66%

Cash On Cash

3.38%

Cap Rate

0.58

DSCR

$2,355

Rent

-$802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,355 income − $3,157 expenses = $802 out of pocket

Income$2,355Out of Pocket$802Mortgage P&I$1,67771%Property Taxes$2129%Insurance$1386%Management$35315%CapEx$944%Maintenance$944%Other$58925%

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,240

Downpayment

20%

$68,800

Closing costs

1%

$3,440

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,355

Total Expenses

$3,157

Mortgage P&I

71%

$1,677

Property Taxes

9%

$212

Home Insurance

6%

$138

HOA

0%

$0

Property Management

15%

$353

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$589

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