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$2,510 (target)

229 Sterling Way, Angier, NC 27501

3 beds • 2 baths • 1363 sqft

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This property might be a fair Mid-Term investment with a projected 0.59% first-year return on $74,994 initial cash invested.

0.59%

Cash On Cash

6.53%

Cap Rate

1.1

DSCR

$2,510

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,510 income − $2,473 expenses = $37 cash flow

Income$2,510Mortgage P&I$1,34053%Property Taxes$1837%Insurance$984%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$37

Investment Breakdown

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Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,994

Downpayment

20%

$54,280

Closing costs

1%

$2,714

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,510

Total Expenses

$2,473

Mortgage P&I

53%

$1,340

Property Taxes

7%

$183

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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