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$2,482 (target)

120 Raymond St, Raeford, NC 28376

3 beds • 2 baths • 1143 sqft

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This property might be a fair Mid-Term investment with a projected 1.78% first-year return on $69,450 initial cash invested.

1.78%

Cash On Cash

7.55%

Cap Rate

1.15

DSCR

$2,482

Rent

$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,482 income − $2,379 expenses = $103 cash flow

Income$2,482Mortgage P&I$1,34054%Property Taxes$1104%Insurance$863%Management$29812%CapEx$994%Vacancy$743%Maintenance$994%Other$27311%Cash Flow$103

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,482

Total Expenses

$2,379

Mortgage P&I

54%

$1,340

Property Taxes

4%

$110

Home Insurance

3%

$86

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$273

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