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$2,370 (target)

107 Elderberry Ct, Raeford, NC 28376

3 beds • 2 baths • 1247 sqft

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This property might be a fair Mid-Term investment with a projected 1.13% first-year return on $67,980 initial cash invested.

1.13%

Cash On Cash

7.43%

Cap Rate

1.12

DSCR

$2,370

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,370 income − $2,306 expenses = $64 cash flow

Income$2,370Mortgage P&I$1,31555%Property Taxes$1014%Insurance$844%Management$28412%CapEx$954%Vacancy$713%Maintenance$954%Other$26111%Cash Flow$64

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,980

Downpayment

20%

$47,600

Closing costs

1%

$2,380

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,370

Total Expenses

$2,306

Mortgage P&I

55%

$1,315

Property Taxes

4%

$101

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$284

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

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