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151 Mayor Ct, Raeford, NC 28376

3 beds • 2 baths • 1452 sqft

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This property might be a fair Airbnb investment with a projected 6.95% first-year return on $72,201 initial cash invested.

6.95%

Cash On Cash

8.63%

Cap Rate

1.44

DSCR

$3,650

Rent

$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,201

Downpayment

20%

$51,620

Closing costs

1%

$2,581

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,650

Total Expenses

$3,232

Mortgage P&I

35%

$1,293

Property Taxes

3%

$96

Home Insurance

2%

$91

HOA

0%

$0

Property Management

15%

$548

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$912

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