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612 Martha St, Durham, NC 27707

4 beds • 2 baths • 1223 sqft

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This property looks like a bad Long-Term investment with a projected -3.21% first-year return on $56,070 initial cash invested.

-3.21%

Cash On Cash

5.82%

Cap Rate

0.96

DSCR

$1,920

Rent

-$150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,070

Downpayment

20%

$53,400

Closing costs

1%

$2,670

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,920

Total Expenses

$2,070

Mortgage P&I

70%

$1,348

Property Taxes

7%

$130

Home Insurance

5%

$93

PManagement

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

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1818 Nixon St, Durham, NC 27707

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4

2

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0.5 mi

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$1,595

4

1.5

1203

0.6 mi

2206 S Alston Ave, Durham, NC 27707

$1,945

4

2

1445

0.9 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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