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$2,656 (target)

6216 Lake Trail Dr, Fayetteville, NC 28304

3 beds • 3 baths • 1635 sqft

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This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $73,671 initial cash invested.

1.71%

Cash On Cash

7.07%

Cap Rate

1.16

DSCR

$2,656

Rent

$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,656 income − $2,551 expenses = $105 cash flow

Income$2,656Mortgage P&I$1,35051%Property Taxes$2048%Insurance$944%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29211%Cash Flow$105

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,671

Downpayment

20%

$53,020

Closing costs

1%

$2,651

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,656

Total Expenses

$2,551

Mortgage P&I

51%

$1,350

Property Taxes

8%

$204

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

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