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$3,921 (target)

1465 Neills Creek Rd, Lillington, NC 27546

3 beds • 3 baths • sqft

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This property might be a fair Mid-Term investment with a projected 6.19% first-year return on $91,500 initial cash invested.

6.19%

Cash On Cash

8.14%

Cap Rate

1.36

DSCR

$3,921

Rent

$472

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,921 income − $3,449 expenses = $472 cash flow

Income$3,921Mortgage P&I$1,74545%Property Taxes$2486%Insurance$1223%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43111%Cash Flow$472

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,921

Total Expenses

$3,449

Mortgage P&I

45%

$1,745

Property Taxes

6%

$248

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$431

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