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$2,577 (target)

1212 Ritters Lake Rd, Greensboro, NC 27406

3 beds • 3 baths • 2751 sqft

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This property looks like a bad Mid-Term investment with a projected -19.52% first-year return on $218k initial cash invested.

-19.52%

Cash On Cash

1.66%

Cap Rate

0.28

DSCR

$2,577

Rent

-$3,538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,577 income − $6,115 expenses = $3,538 out of pocket

Income$2,577Out of Pocket$3,538Mortgage P&I$4,747184%Property Taxes$1616%Insurance$33213%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%

Investment Breakdown

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Purchase Price

$950k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$218k

Downpayment

20%

$190k

Closing costs

1%

$9,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,577

Total Expenses

$6,115

Mortgage P&I

184%

$4,747

Property Taxes

6%

$161

Home Insurance

13%

$332

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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