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63 Dorado Dr #193 🏗️ New Construction
D- Composite 36.5
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +8.2/30.0
  • ARV discount +7.5/15.0
  • Condition / age +5.0/5.0
  • Schools +3.9/10.0
  • Livability +3.6/5.0
  • 1% rule +3.2/10.0
  • Rent growth +2.9/5.0
  • DSCR +2.2/10.0
  • Appreciation +0.0/10.0

$243,358

63 Dorado Dr #193 · Lillington, NC 27501
3 bd · 2.5 ba · 1,540 sqft · Condo · 55 Days on market
Built 2026 Excellent condition Garage $123/mo HOA · 6% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to the Hallie at Powell, a new construction townhome in Angier designed for everyday living. With an estimated August completion date, this 3-bedroom, 2.5-bath townhome offers 1,540 square feet of open, inviting living space that makes it easy to gather with friends, unwind after a long day, and feel right at home. The kitchen sits at the heart of the main level and features quartz countertops, a gas cooktop, and plenty of room for everything from weeknight dinners to weekend entertaining. Luxury vinyl plank flooring, 9-foot ceilings, and thoughtfully selected finishes create a bright and inviting atmosphere throughout.

Key facts

  • Gas cooktop
  • Quartz countertops
  • One-car garage

Tags

NEW CONSTRUCTION TOWNHOMEWELL-APPOINTED KITCHENQUARTZ COUNTERTOPSGAS COOKTOPONE-CAR GARAGEMODERN FINISHES

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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🏗️ New construction. The $243,358 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $249,991.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath condo listed at $243k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-232 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $216k (11.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (15.8% below list).
  • Recommended offer: $205k (15.8% below list) — sets the bar for 1% rule.
  • Cap rate 5.2% vs local median 3.6% in Lillington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 71/100 on livability (#101 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, amenities F, commute F.
  • Harnett County Schools (rural): math 31% / reading 39% proficiency, ranked #130 of 178 in NC (top 73%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Angier Elementary (math 21% / reading 22%, grade F, #1,218 of 1,410 statewide, top 87%, 356 students, 80% FRL); Harnett Central Middle (math 25% / reading 38%, grade F, #323 of 475 statewide, top 68%, 1,024 students, 63% FRL); Harnett Central High (math 43% / reading 51%, grade D-, #334 of 535 statewide, top 64%, 1,474 students, 56% FRL) — zoned schools average 66% FRL vs 51% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+1.5%/yr); 817 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 73d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,080 units permitted in Harnett County in 2024 (12 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Harnett County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 55 days — a 3% lower offer ($236k) is reasonable based on typical stale-listing flexibility.
Recommended offer $204,896 (15.8% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.82%
Cap rate
5.18%
Cash-on-cash
-3.98%
DSCR
0.82
GRM
10.2

CMA / ARV

ARV (median comp)
$249,991
List price
$243,358
Delta
-2.65%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
28 Serpens Dr #221 0.04mi 3/2.5 1,540 (0%) 1mo $243,233 $158 97
39 Virgo Dr 0.17mi 4/2.5 (+1) 1,658 (+8%) 1mo $255,000 $154 74
237 Chedworth Dr 0.30mi 3/2.5 1,820 (+18%) 0mo $314,500 $173 61
76 Springfield Ln 1.14mi 3/2.0 1,523 (-1%) 1mo $265,000 $174 61
456 Chedworth Dr 0.35mi 3/2.0 1,172 (-24%) 0mo $299,900 $256 56
25 Ashcott Dr 1.48mi 3/2.0 1,599 (+4%) 1mo $315,000 $197 56
46 Foxton Pl 0.40mi 3/2.0 1,316 (-14%) 1mo $319,900 $243 54
31 Rusling Leaf Dr 1.41mi 3/2.5 1,418 (-8%) 0mo $239,990 $169 52
228 Chapel St 1.12mi 3/2.5 1,749 (+14%) 0mo $307,990 $176 42
278 Chapel St 1.07mi 3/2.5 1,749 (+14%) 1mo $322,990 $185 41
319 Providence Creek Dr 1.29mi 3/2.5 1,866 (+21%) 0mo $342,744 $184 40
157 Gianna Dr 0.77mi 4/2.5 (+1) 1,903 (+24%) 1mo $299,990 $158 34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.47% rent growth · sell at horizon

5-year hold
IRR
-24.8%
Equity multiple
0.17×
Total profit
$-58,283
Equity at exit
$37,274
10-year hold
IRR
-26.1%
Equity multiple
-0.17×
Total profit
$-81,705
Equity at exit
$21,615

Cash invested: $69,998 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
85 Strongly Landlord-Friendly
State North Carolina
85 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
10-day notice; preempted; landlord-favorable but court speed varies.

Active competition Active MLS

For sale now
0 active · 2 under contract

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 27501

Home prices YoY
-11.4%
Rents YoY
1.5%
Active inventory
817
Price-to-rent
9.9×

Monthly cashflow live

Estimated rent
$2,049 high interval (Pro) →
Mortgage (P&I)
$1,311
Tax est. 1.5%
$312 /mo · $3,750/yr
Insurance
$104
HOA
$123
Vacancy / Maint / Mgmt
$430
Net cashflow
$-232

Break-even live

Break-even rent $2,343
Max offer price $216,427
Occupancy floor

Sensitivity live

Price -10% $-59 -5% $-146 +0% $-232 +5% $-318 +10% $-405
Rent -10% $-394 -5% $-313 +0% $-232 +5% $-151 +10% $-70
Rate -1.0pp $-106 -0.5pp $-168 base $-232 +0.5pp $-297 +1.0pp $-363

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$62,498
Closing costs
$7,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
265 Royal Meadow Dr Angier, NC 4.0 2.5 1800 $1,830 $1.02 72d 1 0.15mi
19 Virgo Dr Angier, NC 3.0 2.5 1418 $1,850 $1.30 72d 1 0.18mi
50 Chedworth Dr Angier, NC 3.0 2.0 1384 $2,095 $1.51 72d 1 0.46mi
59 Ivy Bank Dr Angier, NC 3.0 2.0 1316 $1,729 $1.31 72d 1 0.54mi
59 Ivy Bank Dr Angier, NC 3.0 2.0 1316 $1,729 $1.31 70d 1 0.54mi
18 March Creek Dr Fuquay Varina, NC 3.0 2.5 1418 $1,800 $1.27 72d 1 1.08mi
198 Moore Creek Dr Fuquay Varina, NC 4.0 2.0 1764 $2,195 $1.24 63d 1 1.20mi

Property features AI

Finance

Other
Unit number 193Lot roughly 0.04 acres (private maintained road)Energy-efficient and green features: ENERGY STAR qualified doors, windows, thermostat, HVAC and lighting; insulation; ventilation and indoor air quality controls; use of recycled materials
HOA & community
Homeowners association managed by Charleston ManagementAnnual association feeCommunity amenities include pool, playground, dog park, picnic area, sidewalks, and street lightsAssociation covers grounds and structure maintenance, pest control, road maintenance, sewer, snow removal, and storm water maintenance

Exterior

Parking
Attached garage with garage door opener (1 garage space)Additional paved driveway parkingOpen parking available (about 20 open spaces, total parking listed as 222)
Security
Smart lock(s)
Utilities
Public waterPublic sewerElectricity availableNatural gas connectedCable available
Home design
TownhouseTwo levelsEntry on level 1 via front doorFaces southeastNew construction / under construction
Construction
Vinyl sidingArchitectural shingle/synthetic roofConcrete perimeter foundation and slabBuilt by Mattamy Homes (model: Hallie)
Exterior features
PatioRain guttersSmart locksPrivacy vinyl fencing

Interior

Kitchen
DisposalGas rangeMicrowaveSelf-cleaning ovenStainless steel appliancesVented exhaust fan
Bedrooms
3 bedrooms (includes upper level bedroom locations listed for laundry — unit is multi-level)
Flooring
CarpetConcreteLuxury vinyl
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
No conventional heating specifiedCentral air with heat pumpENERGY STAR qualified equipmentZoned cooling
Interior features
Bathtub/shower combinationBreakfast barDouble vanityEntrance foyerHigh ceilingsKitchen and dining room combinationLiving and dining room combinationPantryQuartz countersSmart home featuresSmart thermostatWalk-in closet(s)
Laundry & utility
Washer hookup (in unit, inside, upper level)Electric dryer hookup

HOA detail $123/mo · $1,476/yr condo

Likely covers
gas
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 44 events

  1. 2026-08-08
    days on market $243,358 Active 55 DOM
  2. 2026-08-07
    days on market $243,358 Active 54 DOM
  3. 2026-08-06
    days on market $243,358 Active 53 DOM
  4. 2026-08-05
    days on market $243,358 Active 52 DOM
  5. 2026-08-04
    days on market $243,358 Active 51 DOM
  6. 2026-08-03
    days on market $243,358 Active 50 DOM
  7. 2026-07-31
    days on market $243,358 Active 47 DOM
  8. 2026-07-30
    price $243,358 Active 45 DOM
  9. 2026-07-29
    days on market $243,843 Active 45 DOM
  10. 2026-07-27
    days on market $243,843 Active 43 DOM
  11. 2026-07-25
    pricedays on market $243,843 Active 41 DOM
  12. 2026-07-23
    days on market $243,358 Active 39 DOM
  13. 2026-07-22
    days on market $243,358 Active 38 DOM
  14. 2026-07-21
    days on market $243,358 Active 37 DOM
  15. 2026-07-18
    days on market $243,358 Active 34 DOM
  16. 2026-07-16
    days on market $243,358 Active 32 DOM
  17. 2026-07-16
    days on market $243,358 Active 31 DOM
  18. 2026-07-14
    days on market $243,358 Active 30 DOM
  19. 2026-07-13
    days on market $243,358 Active 29 DOM
  20. 2026-07-12
    days on market $243,358 Active 28 DOM
  21. 2026-07-11
    days on market $243,358 Active 27 DOM
  22. 2026-07-10
    days on market $243,358 Active 26 DOM
  23. 2026-07-09
    days on market $243,358 Active 25 DOM
  24. 2026-07-08
    days on market $243,358 Active 24 DOM
  25. 2026-07-07
    days on market $243,358 Active 23 DOM
  26. 2026-07-06
    days on market $243,358 Active 22 DOM
  27. 2026-07-05
    days on market $243,358 Active 21 DOM
  28. 2026-07-04
    days on market $243,358 Active 20 DOM
  29. 2026-07-03
    days on market $243,358 Active 19 DOM
  30. 2026-07-02
    days on market $243,358 Active 18 DOM
  31. 2026-07-01
    days on market $243,358 Active 17 DOM
  32. 2026-06-30
    days on market $243,358 Active 16 DOM
  33. 2026-06-29
    days on market $243,358 Active 15 DOM
  34. 2026-06-28
    days on market $243,358 Active 14 DOM
  35. 2026-06-28
    days on market $243,358 Active 13 DOM
  36. 2026-06-27
    days on market $243,358 Active 12 DOM
  37. 2026-06-25
    days on market $243,358 Active 10 DOM
  38. 2026-06-23
    days on market $243,358 Active 8 DOM
  39. 2026-06-21
    days on market $243,358 Active 7 DOM
  40. 2026-06-18
    days on market $243,358 Active 4 DOM
  41. 2026-06-17
    days on market $243,358 Active 3 DOM
  42. 2026-06-16
    days on market $243,358 Active 2 DOM
  43. 2026-06-15
    remarks 699-char remark
  44. 2026-06-15
    listed $243,358 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,588
− Mortgage interest
−$14,003
− Property taxes
−$3,750
− Insurance
−$1,250
− Repairs & maintenance
−$1,967
− Management
−$1,967
− HOA
−$1,476
− Depreciation
−$7,272
Taxable loss
−$7,098
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,704
After-tax cash flow
$-1,080/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Excellent 100/100 None rehab

This new construction townhome is in excellent condition with no repairs needed. It offers a move-in-ready opportunity with high-ROI updates to complete the interior and exterior finishing, ensuring both resale and rental value.

Value-add opportunities

  • Both Complete interior finishing (drywall, paint, flooring, etc.) — Creates move-in-ready condition
  • Both Install kitchen appliances — Enhances functionality and appeal
  • Both Install bathroom fixtures and finishes — Completes the living space
  • Both Install HVAC system — Ensures comfort and energy efficiency
  • Both Landscaping and curb appeal improvements — Enhances curb appeal and property value
F Composite school gradezoned avg 39/100

Zoned Schools

Elementary North Harnett Primary Middle Harnett Central Middle F NC #323/475 Nat'l #8,497/14,009 High Harnett Central High D- NC #334/535 Nat'l #6,330/17,239

Schools (NCES district)

District
Harnett County Schools
NCES district ID
3702010
Math proficiency
31% ▼ -2.00%
Reading proficiency
39% ▼ -1.00%
Median HH income
$45,400
Composite
29.88/100
National rank
#6397
State rank
#130 of 178 in NC
B Composite livability gradescore 71/100

Livability — Lillington

Score
71/100
State rank
#101
US rank
#6653

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment C- Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lillington, NC
County
Harnett County · 153,758 people
City population
21,419
Metro
Fayetteville, NC
Population (ZIP)
24,806
Household income
$73,336
Rent vs Own
22.1% rent · 77.9% own
Severe rent burden
9% of renters

Population outlook (Harnett County) Hauer SSP2

Today (2025)
153,758 people
By 2030
166,581 · +8.3%
By 2040
192,741 · +25.4%
By 2050
218,332 · +42.0%
By 2075
275,422 · +79.1%
By 2100
313,511 · +103.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (65%)
Race & ethnicity
White 65% Hispanic / Latino 20% Black 10% Two or more races 7% Asian 1%
Hispanic origin (detail)
Mexican 13%
Common ancestry
Slovak 2% Romanian 2% Lithuanian 1%
Foreign-born
11% · Canada, China
Languages at home
81% English-only · Spanish 16% Other Indo-European 1%

Political lean MEDSL · Harnett

2024 margin
Strong R (+25.1) · D 36.9% · R 62.0% · Other 1.1%
2008→2024 swing
-8.4pp toward R · 2008: -16.7pp · 2024: -25.1pp
All cycles
2024: R+25.1 2020: R+22.4 2016: R+24.1 2012: R+19.4 2008: R+16.7

Not yet ingested

Civics

Price history

1 event — show timeline
  • 2026-06-14 Listed $243,358 TMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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