2611 Horner Dr Fayetteville, NC 28306
3bd, 1ba | 1,032sqft | Built in 1959
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Initial Investment
$66,903
List Price: $65,000
Purchase Price
$65,000
Down Payment
100%
Rent
$700

Total Return
$29,675
Annualized Return
8.7%
Cap Rate
8.4%
Gross Yield
12.9%
Cash Flow
$4,966
Appreciation
2.3%
Gross Yield
12.9%
 
Cap Rate
8.4%
 
Cash on Cash
7.4%
 
Ann. Return
8.7%
in 5 years
Initial Investment
$66,903
Purchase Price
$65,000
Down Payment
100%
Loan Interest Rate
4.750%
Closing Costs
1.50%
Est. Immediate Costs
$928
Total Return
$29,675
Appreciation
2.3%
Net Cash Flow Year 1 Year 3 Year 5 Year 10
Annual $4,966 $5,286 $5,626 $6,532
Monthly $414 $440 $469 $544
Property Value in 2024
$72,668
Loan Balance
$0
Disposition Fees
-$2,543

Sale Proceeds
$70,124

Est. Investment Value over time

Year 5 Year 10 Year 20 Year 30
Cumulative Net Cash Flow $26,453
$441/mo
$57,266
$477/mo
$134,398
$560/mo
$238,057
$661/mo
Cumulative Appreciation Gain $7,668
$19,242
$48,214
$87,150
Equity Build Up $65,000
$65,000
$65,000
$65,000
Total Investment Value $99,121
$141,508
$247,612
$390,207