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2902 Kanewood Dr, Durham, NC 27707

3 beds • 3 baths • 1645 sqft

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This property looks like a bad Airbnb investment with a projected -0.34% first-year return on $70,500 initial cash invested.

-0.34%

Cash On Cash

6.67%

Cap Rate

1.08

DSCR

$3,157

Rent

-$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,157

Total Expenses

$3,177

Mortgage P&I

41%

$1,284

Property Taxes

9%

$290

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$474

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$789

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$2,024

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3

2.5

0.4 mi

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$2,777

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3

2

0.25 mi

Garden Retreat Near Downtown, Duke, UNC & RDU

$2,225

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2

2.5

0.15 mi

Brand new home 3 miles to Duke & Downtown Durham

$2,476

$148

2

2.5

0.41 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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