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$3,716 (target)

3016 Hope Valley Rd, Durham, NC 27707

3 beds • 2 baths • 1941 sqft

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This property looks like a bad Mid-Term investment with a projected -9.8% first-year return on $140k initial cash invested.

-9.8%

Cash On Cash

3.97%

Cap Rate

0.66

DSCR

$3,716

Rent

-$1,140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,716 income − $4,856 expenses = $1,140 out of pocket

Income$3,716Out of Pocket$1,140Mortgage P&I$2,90978%Property Taxes$46813%Insurance$2156%Management$44612%CapEx$1494%Vacancy$1113%Maintenance$1494%Other$40911%

Investment Breakdown

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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

$3,716

Total Expenses

$4,856

Mortgage P&I

78%

$2,909

Property Taxes

13%

$468

Home Insurance

6%

$215

HOA

0%

$0

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$111

Maintenance

4%

$149

Other

11%

$409

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