REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

709 Wendy Way, Durham, NC 27712

3 beds • 2 baths • 1129 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.26% first-year return on $62,580 initial cash invested.

-8.26%

Cash On Cash

4.88%

Cap Rate

0.78

DSCR

$1,830

Rent

-$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,580

Downpayment

20%

$59,600

Closing costs

1%

$2,980

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,830

Total Expenses

$2,261

Mortgage P&I

85%

$1,550

Property Taxes

7%

$130

Home Insurance

6%

$104

PManagement

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

207 Galverston Dr, Durham, NC 27712

$1,795

3

2

1290

1 mi

5013 Gatewood Dr, Durham, NC 27712

$1,800

3

2

1250

1.9 mi

5702 Willow Dr, Durham, NC 27712

$1,785

3

2

1424

0.8 mi

2203 St Marys Rd, Hillsborough, NC 27278

$1,475

3

1.5

1050

1.7 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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis