REI Lense

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$1,617 (target)

705 Big Twig Ln, Durham, NC 27703

3 beds • 2 baths • 1122 sqft

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This property looks like a bad Long-Term investment with a projected -9.77% first-year return on $54,390 initial cash invested.

-9.77%

Cash On Cash

4.25%

Cap Rate

0.72

DSCR

$1,617

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,617 income − $2,060 expenses = $443 out of pocket

Income$1,617Out of Pocket$443Mortgage P&I$1,27979%Property Taxes$22814%Insurance$936%HOA$392%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,617

Total Expenses

$2,060

Mortgage P&I

79%

$1,279

Property Taxes

14%

$228

Home Insurance

6%

$93

HOA

2%

$39

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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