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808 Glendale Ave, Durham, NC 27701

3 beds • 4 baths • 2319 sqft

$1,109,200

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This property looks like a bad Airbnb investment with a projected -22.86% first-year return on $251k initial cash invested.

-22.86%

Cash On Cash

0.95%

Cap Rate

0.16

DSCR

$3,761

Rent

-$4,780

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,761 income − $8,541 expenses = $4,780 out of pocket

Income$3,761Out of Pocket$4,780Mortgage P&I$5,509146%Property Taxes$78421%Insurance$40211%HOA$421%Management$56415%CapEx$1504%Maintenance$1504%Other$94025%

Investment Breakdown

|

Purchase Price

$1109k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$251k

Downpayment

20%

$222k

Closing costs

1%

$11,092

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,761

Total Expenses

$8,541

Mortgage P&I

146%

$5,509

Property Taxes

21%

$784

Home Insurance

11%

$402

HOA

1%

$42

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$940

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