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3116 Stanford Dr, Durham, NC 27707

3 beds • 2 baths • 1550 sqft

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This property looks like a bad Airbnb investment with a projected -12% first-year return on $104k initial cash invested.

-12%

Cash On Cash

3.49%

Cap Rate

0.56

DSCR

$2,944

Rent

-$1,039

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,944 income − $3,983 expenses = $1,039 out of pocket

Income$2,944Out of Pocket$1,039Mortgage P&I$2,11172%Property Taxes$30910%Insurance$1495%Management$44215%CapEx$1184%Maintenance$1184%Other$73625%

Investment Breakdown

|

Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,820

Closing costs

1%

$4,091

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,944

Total Expenses

$3,983

Mortgage P&I

72%

$2,111

Property Taxes

11%

$309

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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