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$2,889 (target)

278 Oakmont Dr, Raeford, NC 28376

3 beds • 2 baths • 1941 sqft

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This property might be a fair Mid-Term investment with a projected 0.37% first-year return on $84,318 initial cash invested.

0.37%

Cash On Cash

6.58%

Cap Rate

1.09

DSCR

$2,889

Rent

$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $2,863 expenses = $26 cash flow

Income$2,889Mortgage P&I$1,58955%Property Taxes$1786%Insurance$1124%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$26

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,318

Downpayment

20%

$63,160

Closing costs

1%

$3,158

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$2,863

Mortgage P&I

55%

$1,589

Property Taxes

6%

$178

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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