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$2,703 (target)

118 Pearce Pl, Raeford, NC 28376

3 beds • 2 baths • 1580 sqft

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This property might be a fair Mid-Term investment with a projected 5.15% first-year return on $67,350 initial cash invested.

5.15%

Cash On Cash

8.5%

Cap Rate

1.31

DSCR

$2,703

Rent

$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,703 income − $2,414 expenses = $289 cash flow

Income$2,703Mortgage P&I$1,26847%Property Taxes$1465%Insurance$823%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$289

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,703

Total Expenses

$2,414

Mortgage P&I

47%

$1,268

Property Taxes

5%

$146

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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