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837 Waring St, Durham, NC 27704

3 beds • 2 baths • 1278 sqft

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This property looks like a bad Long-Term investment with a projected -4.59% first-year return on $51,450 initial cash invested.

-4.59%

Cash On Cash

5.15%

Cap Rate

0.91

DSCR

$1,780

Rent

-$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,780

Total Expenses

$1,977

Mortgage P&I

65%

$1,159

Property Taxes

15%

$269

Home Insurance

5%

$86

PManagement

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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SQFT

Distance

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2

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3

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1292

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3

2

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0.5 mi

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4

2

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1.3 mi

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2

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0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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