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2616 Omah St, Durham, NC 27705

2 beds • 1 baths • 800 sqft

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This property looks like a bad Long-Term investment with a projected -8.94% first-year return on $48,300 initial cash invested.

-8.94%

Cash On Cash

4.15%

Cap Rate

0.73

DSCR

$1,360

Rent

-$360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,360

Total Expenses

$1,720

Mortgage P&I

80%

$1,088

Property Taxes

15%

$198

Home Insurance

6%

$80

PManagement

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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