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1304 West Ave, High Point, NC 27260

4 beds • 3 baths • 1634 sqft

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This property looks like a bad Long-Term investment with a projected -3.77% first-year return on $52,479 initial cash invested.

-3.77%

Cash On Cash

5.87%

Cap Rate

0.94

DSCR

$1,680

Rent

-$165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$1,845

Mortgage P&I

78%

$1,303

Property Taxes

1%

$17

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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Comparable Property

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Beds

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1.3 mi

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2

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5

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2

1

2020

0.9 mi

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$2,850

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4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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