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$2,196 (target)

7106 Rockfish Rd, Raeford, NC 28376

3 beds • 2 baths • 1248 sqft

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This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $65,523 initial cash invested.

0.77%

Cash On Cash

7.18%

Cap Rate

1.11

DSCR

$2,196

Rent

$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,196 income − $2,154 expenses = $42 cash flow

Income$2,196Mortgage P&I$1,22456%Property Taxes$1025%Insurance$804%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%Cash Flow$42

Investment Breakdown

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Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,523

Downpayment

20%

$45,260

Closing costs

1%

$2,263

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,196

Total Expenses

$2,154

Mortgage P&I

56%

$1,224

Property Taxes

5%

$102

Home Insurance

4%

$80

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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