REI Lense

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$3,405 (target)

305 Reynolds Ave, Durham, NC 27707

3 beds • 2 baths • 1580 sqft

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This property looks like a bad Mid-Term investment with a projected -0.16% first-year return on $95,196 initial cash invested.

-0.16%

Cash On Cash

6.35%

Cap Rate

1.07

DSCR

$3,405

Rent

-$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,405 income − $3,418 expenses = $13 out of pocket

Income$3,405Out of Pocket$13Mortgage P&I$1,82354%Property Taxes$3089%Insurance$1294%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%

Investment Breakdown

|

Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,196

Downpayment

20%

$73,520

Closing costs

1%

$3,676

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,405

Total Expenses

$3,418

Mortgage P&I

54%

$1,823

Property Taxes

9%

$308

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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