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6403 Craig Rd, Durham, NC 27712

4 beds • 3 baths • 2127 sqft

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This property looks like a bad Airbnb investment with a projected -10.14% first-year return on $137k initial cash invested.

-10.14%

Cash On Cash

3.61%

Cap Rate

0.62

DSCR

$3,721

Rent

-$1,155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$107k

Closing costs

1%

$5,367

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,721

Total Expenses

$4,876

Mortgage P&I

70%

$2,620

Property Taxes

7%

$278

Home Insurance

5%

$192

HOA

0%

$0

Property Management

15%

$558

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$930

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