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1600 Gracewood Dr, Greensboro, NC 27408

3 beds • 2 baths • 1712 sqft

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This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $91,521 initial cash invested.

1.57%

Cash On Cash

6.73%

Cap Rate

1.15

DSCR

$3,336

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,521

Downpayment

20%

$70,020

Closing costs

1%

$3,501

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,336

Total Expenses

$3,216

Mortgage P&I

51%

$1,711

Property Taxes

7%

$246

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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