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3016 Hope Valley Rd, Durham, NC 27707

3 beds • 2 baths • 1941 sqft

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This property looks like a bad Airbnb investment with a projected -16.81% first-year return on $140k initial cash invested.

-16.81%

Cash On Cash

2.24%

Cap Rate

0.37

DSCR

$3,147

Rent

-$1,956

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,147 income − $5,103 expenses = $1,956 out of pocket

Income$3,147Out of Pocket$1,956Mortgage P&I$2,90992%Property Taxes$46815%Insurance$2157%Management$47215%CapEx$1264%Maintenance$1264%Other$78725%

Investment Breakdown

|

Purchase Price

$579k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,792

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,147

Total Expenses

$5,103

Mortgage P&I

92%

$2,909

Property Taxes

15%

$468

Home Insurance

7%

$215

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$787

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