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$3,480 (target)

5911 Wateree Dr, Durham, NC 27713

3 beds • 3 baths • 174259 sqft

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This property looks like a bad Mid-Term investment with a projected -8.58% first-year return on $126k initial cash invested.

-8.58%

Cash On Cash

4.22%

Cap Rate

0.7

DSCR

$3,480

Rent

-$900

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,480 income − $4,380 expenses = $900 out of pocket

Income$3,480Out of Pocket$900Mortgage P&I$2,56774%Property Taxes$41612%Insurance$1735%HOA$411%Management$41812%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38311%

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

$3,480

Total Expenses

$4,380

Mortgage P&I

74%

$2,567

Property Taxes

12%

$416

Home Insurance

5%

$173

HOA

1%

$41

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$383

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