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$2,398 (target)

444 Northwoods Dr, Raeford, NC 28376

3 beds • 2 baths • 1202 sqft

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This property might be a fair Mid-Term investment with a projected 1.6% first-year return on $68,820 initial cash invested.

1.6%

Cash On Cash

7.35%

Cap Rate

1.15

DSCR

$2,398

Rent

$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,398 income − $2,306 expenses = $92 cash flow

Income$2,398Mortgage P&I$1,29554%Property Taxes$1105%Insurance$854%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%Cash Flow$92

Investment Breakdown

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Purchase Price

$242k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,820

Downpayment

20%

$48,400

Closing costs

1%

$2,420

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,398

Total Expenses

$2,306

Mortgage P&I

54%

$1,295

Property Taxes

5%

$110

Home Insurance

4%

$85

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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