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3902 Booker Ave, Durham, NC 27713

3 beds • 2 baths • 1260 sqft

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This property looks like a bad Airbnb investment with a projected -11.26% first-year return on $92,634 initial cash invested.

-11.26%

Cash On Cash

3.41%

Cap Rate

0.57

DSCR

$2,550

Rent

-$869

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,550 income − $3,419 expenses = $869 out of pocket

Income$2,550Out of Pocket$869Mortgage P&I$1,77770%Property Taxes$29011%Insurance$1285%Management$38215%CapEx$1024%Maintenance$1024%Other$63825%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,634

Downpayment

20%

$71,080

Closing costs

1%

$3,554

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,550

Total Expenses

$3,419

Mortgage P&I

70%

$1,777

Property Taxes

11%

$290

Home Insurance

5%

$128

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$638

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