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948 Clarion Dr, Durham, NC 27705

3 beds • 2 baths • 1484 sqft

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This property looks like a bad Long-Term investment with a projected -12.34% first-year return on $84,630 initial cash invested.

-12.34%

Cash On Cash

3.65%

Cap Rate

0.62

DSCR

$2,118

Rent

-$870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$403k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,630

Downpayment

20%

$80,600

Closing costs

1%

$4,030

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,118

Total Expenses

$2,988

Mortgage P&I

94%

$1,989

Property Taxes

14%

$299

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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