2611 Horner Dr Fayetteville, NC 28306
3bd, 1ba | 1,032sqft | Built in 1959
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Initial Investment
$69,440
List Price: $67,500
Purchase Price
$67,500
Down Payment
100%
Rent
$700

Total Return
$30,037
Annualized Return
8.5%
Cap Rate
8.1%
Gross Yield
12.4%
Cash Flow
$5,004
Appreciation
2.3%
Gross Yield
12.4%
 
Cap Rate
8.1%
 
Cash on Cash
7.2%
 
Ann. Return
8.5%
in 5 years
Initial Investment
$69,440
Purchase Price
$67,500
Down Payment
100%
Loan Interest Rate
4.750%
Closing Costs
1.50%
Est. Immediate Costs
$928
Total Return
$30,037
Appreciation
2.3%
Net Cash Flow Year 1 Year 3 Year 5 Year 10
Annual $5,004 $5,326 $5,669 $6,582
Monthly $417 $444 $472 $549
Property Value in 2024
$75,463
Loan Balance
$0
Disposition Fees
-$2,641

Sale Proceeds
$72,821

Est. Investment Value over time

Year 5 Year 10 Year 20 Year 30
Cumulative Net Cash Flow $26,656
$444/mo
$57,704
$481/mo
$135,425
$564/mo
$239,874
$666/mo
Cumulative Appreciation Gain $7,963
$19,982
$50,068
$90,502
Equity Build Up $67,500
$67,500
$67,500
$67,500
Total Investment Value $102,119
$145,186
$252,993
$397,876