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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 Long-Term investment with a projected -4.64% first-year return on $52,500 initial cash invested.

-4.64%

Cash On Cash

5.66%

Cap Rate

0.92

DSCR

$1,970

Rent

-$203

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

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,970

Total Expenses

$2,173

Mortgage P&I

65%

$1,284

Property Taxes

15%

$290

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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Comparable Property

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2

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$1,100

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$2,850

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4

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