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613 Midway Ave, Durham, NC 27703

2 beds • 1 baths • 955 sqft

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This property looks like a bad Long-Term investment with a projected -2.28% first-year return on $40,530 initial cash invested.

-2.28%

Cash On Cash

6.03%

Cap Rate

1

DSCR

$1,520

Rent

-$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$193k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,530

Downpayment

20%

$38,600

Closing costs

1%

$1,930

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,520

Total Expenses

$1,597

Mortgage P&I

64%

$971

Property Taxes

11%

$163

Home Insurance

4%

$68

PManagement

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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$2,850

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0.6 mi

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