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898 Long Iron Dr, Fayetteville, NC 28312

3 beds • 3 baths • 2900 sqft

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This property looks like a bad Mid-Term investment with a projected -5.36% first-year return on $116k initial cash invested.

-5.36%

Cash On Cash

4.91%

Cap Rate

0.83

DSCR

$3,290

Rent

-$519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$468k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,540

Closing costs

1%

$4,677

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,290

Total Expenses

$3,809

Mortgage P&I

70%

$2,301

Property Taxes

7%

$222

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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