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350 Longhorn Dr, Fayetteville, NC 28303

3 beds • 3 baths • 1050 sqft

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This property might be a fair Airbnb investment with a projected 2.56% first-year return on $53,931 initial cash invested.

2.56%

Cash On Cash

7.72%

Cap Rate

1.23

DSCR

$2,353

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$171k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,931

Downpayment

20%

$34,220

Closing costs

1%

$1,711

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,353

Total Expenses

$2,238

Mortgage P&I

38%

$892

Property Taxes

7%

$161

Home Insurance

2%

$56

HOA

0%

$0

Property Management

15%

$353

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$588

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

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0.12 mi

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3

2

0.3 mi

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$2,636

$107

3

2

0.42 mi

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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