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2341 Colgate Dr, Fayetteville, NC 28304

4 beds • 3 baths • 3270 sqft

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This property looks like a bad Long-Term investment with a projected -11.45% first-year return on $78,183 initial cash invested.

-11.45%

Cash On Cash

3.8%

Cap Rate

0.65

DSCR

$2,070

Rent

-$746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,183

Downpayment

20%

$74,460

Closing costs

1%

$3,723

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,070

Total Expenses

$2,816

Mortgage P&I

88%

$1,820

Property Taxes

16%

$324

Home Insurance

6%

$133

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1813 Lakeshore Dr, Fayetteville, NC 28305

$2,600

4

3.5

3240

1.4 mi

1828 Stockton Dr, Fayetteville, NC 28304

$2,199

4

3

2612

1.4 mi

1920 Raeford Rd, Fayetteville, NC 28305

$3,100

4

4

3295

1.7 mi

2706 Colgate Dr, Fayetteville, NC 28304

$1,945

4

3

2309

0.5 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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