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4413 Turnberry Cir, Durham, NC 27712

4 beds • 4 baths • 4447 sqft

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This property looks like a bad Airbnb investment with a projected -20.06% first-year return on $168k initial cash invested.

-20.06%

Cash On Cash

1.16%

Cap Rate

0.2

DSCR

$3,027

Rent

-$2,817

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$688k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$138k

Closing costs

1%

$6,880

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$3,027

Total Expenses

$5,844

Mortgage P&I

111%

$3,361

Property Taxes

24%

$734

Home Insurance

8%

$245

HOA

2%

$51

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$757

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$5,021

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5

3.5

1.16 mi

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$3,200

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3

2.5

2.55 mi

Spacious Retreat Near Duke & UNC

$3,890

$203

3

2

2.06 mi

Retreat in RTP | 3 bed 2.5 bath

$2,683

$140

3

2.5

3.33 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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