REI Lense

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$2,284 (target)

106 Crestwood Cir, High Point, NC 27260

3 beds • 2 baths • 1286 sqft

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This property might be a fair Mid-Term investment with a projected 3.99% first-year return on $61,428 initial cash invested.

3.99%

Cash On Cash

8.22%

Cap Rate

1.26

DSCR

$2,284

Rent

$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,284 income − $2,080 expenses = $204 cash flow

Income$2,284Mortgage P&I$1,12249%Property Taxes$1125%Insurance$703%Management$27412%CapEx$914%Vacancy$693%Maintenance$914%Other$25111%Cash Flow$204

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,428

Downpayment

20%

$41,360

Closing costs

1%

$2,068

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,284

Total Expenses

$2,080

Mortgage P&I

49%

$1,122

Property Taxes

5%

$112

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$69

Maintenance

4%

$91

Other

11%

$251

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