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$2,530 (target)

107 Abelia Dr, Raeford, NC 28376

3 beds • 2 baths • 1328 sqft

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This property might be a fair Mid-Term investment with a projected 6.63% first-year return on $61,932 initial cash invested.

6.63%

Cash On Cash

9.11%

Cap Rate

1.39

DSCR

$2,530

Rent

$342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,530 income − $2,188 expenses = $342 cash flow

Income$2,530Mortgage P&I$1,14645%Property Taxes$1084%Insurance$743%Management$30412%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$342

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,932

Downpayment

20%

$41,840

Closing costs

1%

$2,092

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,530

Total Expenses

$2,188

Mortgage P&I

45%

$1,146

Property Taxes

4%

$108

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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