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5911 Wateree Dr, Durham, NC 27713

3 beds • 3 baths • 174259 sqft

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This property looks like a bad Airbnb investment with a projected -16.74% first-year return on $126k initial cash invested.

-16.74%

Cash On Cash

2.15%

Cap Rate

0.36

DSCR

$2,770

Rent

-$1,757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,770 income − $4,527 expenses = $1,757 out of pocket

Income$2,770Out of Pocket$1,757Mortgage P&I$2,56793%Property Taxes$41615%Insurance$1736%HOA$411%Management$41615%CapEx$1114%Maintenance$1114%Other$69225%

Investment Breakdown

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Purchase Price

$514k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,139

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,770

Total Expenses

$4,527

Mortgage P&I

93%

$2,567

Property Taxes

15%

$416

Home Insurance

6%

$173

HOA

1%

$41

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$692

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