REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,317 (target)

275 Hickory Trace Ln, Durham, NC 27713

3 beds • 3 baths • 3157 sqft

$1,436,400

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -24.29% first-year return on $302k initial cash invested.

-24.29%

Cash On Cash

1.07%

Cap Rate

0.18

DSCR

$3,317

Rent

-$6,107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,317 income − $9,424 expenses = $6,107 out of pocket

Income$3,317Out of Pocket$6,107Mortgage P&I$7,216218%Property Taxes$62519%Insurance$68221%HOA$381%Management$33210%CapEx$1665%Vacancy$1996%Maintenance$1665%

Investment Breakdown

|

Purchase Price

$1436k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$287k

Closing costs

1%

$14,364

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,317

Total Expenses

$9,424

Mortgage P&I

218%

$7,216

Property Taxes

19%

$625

Home Insurance

21%

$682

HOA

1%

$38

Property Management

10%

$332

CapEx

5%

$166

Vacancy

6%

$199

Maintenance

5%

$166

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis