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$2,884 (target)

319 Fairfax Dr, Sanford, NC 27332

3 beds • 3 baths • 1858 sqft

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This property might be a fair Mid-Term investment with a projected 2.82% first-year return on $80,097 initial cash invested.

2.82%

Cash On Cash

7.18%

Cap Rate

1.21

DSCR

$2,884

Rent

$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,884 income − $2,696 expenses = $188 cash flow

Income$2,884Mortgage P&I$1,46651%Property Taxes$1455%Insurance$1054%Management$34612%CapEx$1154%Vacancy$873%Maintenance$1154%Other$31711%Cash Flow$188

Investment Breakdown

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Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,097

Downpayment

20%

$59,140

Closing costs

1%

$2,957

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,884

Total Expenses

$2,696

Mortgage P&I

51%

$1,466

Property Taxes

5%

$145

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$87

Maintenance

4%

$115

Other

11%

$317

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