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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 -22.54% first-year return on $251k initial cash invested.

-22.54%

Cash On Cash

1.03%

Cap Rate

0.17

DSCR

$3,893

Rent

-$4,713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,893 income − $8,606 expenses = $4,713 out of pocket

Income$3,893Out of Pocket$4,713Mortgage P&I$5,509142%Property Taxes$78420%Insurance$40210%HOA$421%Management$58415%CapEx$1564%Maintenance$1564%Other$97325%

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

$3,893

Total Expenses

$8,606

Mortgage P&I

142%

$5,509

Property Taxes

20%

$784

Home Insurance

10%

$402

HOA

1%

$42

Property Management

15%

$584

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$973

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