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$2,826 (target)

220 Seabiscuit Dr, Raeford, NC 28376

3 beds • 3 baths • 1981 sqft

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This property looks like a bad Mid-Term investment with a projected -2.9% first-year return on $86,754 initial cash invested.

-2.9%

Cash On Cash

6.15%

Cap Rate

0.95

DSCR

$2,826

Rent

-$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,826 income − $3,036 expenses = $210 out of pocket

Income$2,826Out of Pocket$210Mortgage P&I$1,77563%Property Taxes$1847%Insurance$1164%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,754

Downpayment

20%

$65,480

Closing costs

1%

$3,274

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,826

Total Expenses

$3,036

Mortgage P&I

63%

$1,775

Property Taxes

7%

$184

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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