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$2,252 (target)

1705 Veanna Dr, Fayetteville, NC 28301

3 beds • 2 baths • 1276 sqft

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This property might be a fair Mid-Term investment with a projected 2.7% first-year return on $60,084 initial cash invested.

2.7%

Cash On Cash

7.83%

Cap Rate

1.21

DSCR

$2,252

Rent

$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,252 income − $2,117 expenses = $135 cash flow

Income$2,252Mortgage P&I$1,08248%Property Taxes$1949%Insurance$753%Management$27012%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$135

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,084

Downpayment

20%

$40,080

Closing costs

1%

$2,004

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,252

Total Expenses

$2,117

Mortgage P&I

48%

$1,082

Property Taxes

9%

$194

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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