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$3,160 (target)

2909 Scuppernong Ln, Durham, NC 27703

3 beds • 2 baths • 1835 sqft

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This property looks like a bad Mid-Term investment with a projected -4.98% first-year return on $100k initial cash invested.

-4.98%

Cash On Cash

5.1%

Cap Rate

0.85

DSCR

$3,160

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,160 income − $3,576 expenses = $416 out of pocket

Income$3,160Out of Pocket$416Mortgage P&I$1,95462%Property Taxes$37112%Insurance$1404%HOA$371%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34811%

Investment Breakdown

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Purchase Price

$392k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,380

Closing costs

1%

$3,919

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,160

Total Expenses

$3,576

Mortgage P&I

62%

$1,954

Property Taxes

12%

$371

Home Insurance

4%

$140

HOA

1%

$37

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$348

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