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$1,833 (target)

3309 Spector St, Durham, NC 27704

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Mid-Term investment with a projected -18% first-year return on $132k initial cash invested.

-18%

Cash On Cash

1.77%

Cap Rate

0.3

DSCR

$1,833

Rent

-$1,976

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,833 income − $3,809 expenses = $1,976 out of pocket

Income$1,833Out of Pocket$1,976Mortgage P&I$2,704148%Property Taxes$28516%Insurance$19711%Management$22012%CapEx$734%Vacancy$553%Maintenance$734%Other$20211%

Investment Breakdown

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Purchase Price

$542k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,417

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,833

Total Expenses

$3,809

Mortgage P&I

148%

$2,704

Property Taxes

16%

$285

Home Insurance

11%

$197

HOA

0%

$0

Property Management

12%

$220

CapEx

4%

$73

Vacancy

3%

$55

Maintenance

4%

$73

Other

11%

$202

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