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621 Reservoir St, Durham, NC 27703

3 beds • 2 baths • 1110 sqft

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This property looks like a bad Long-Term investment with a projected -7.31% first-year return on $57,750 initial cash invested.

-7.31%

Cash On Cash

5.14%

Cap Rate

0.82

DSCR

$1,740

Rent

-$352

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,740

Total Expenses

$2,092

Mortgage P&I

83%

$1,442

Property Taxes

6%

$102

Home Insurance

6%

$96

PManagement

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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