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$2,966 (target)

261 Ivystone Dr, Raeford, NC 28376

3 beds • 3 baths • 1867 sqft

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This property might be a fair Mid-Term investment with a projected 3.12% first-year return on $81,609 initial cash invested.

3.12%

Cash On Cash

7.33%

Cap Rate

1.22

DSCR

$2,966

Rent

$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,966 income − $2,754 expenses = $212 cash flow

Income$2,966Mortgage P&I$1,51951%Property Taxes$853%Insurance$1074%HOA$341%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%Cash Flow$212

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,609

Downpayment

20%

$60,580

Closing costs

1%

$3,029

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,966

Total Expenses

$2,754

Mortgage P&I

51%

$1,519

Property Taxes

3%

$85

Home Insurance

4%

$107

HOA

1%

$34

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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