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$2,322 (target)

1863 Berriedale Dr, Fayetteville, NC 28304

3 beds • 2 baths • 1330 sqft

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This property might be a fair Mid-Term investment with a projected 1.89% first-year return on $61,050 initial cash invested.

1.89%

Cash On Cash

7.93%

Cap Rate

1.16

DSCR

$2,322

Rent

$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $2,226 expenses = $96 cash flow

Income$2,322Mortgage P&I$1,16550%Property Taxes$1999%Insurance$723%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%Cash Flow$96

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,322

Total Expenses

$2,226

Mortgage P&I

50%

$1,165

Property Taxes

9%

$199

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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