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1707 Water St, Greensboro, NC 27405

3 beds • 2 baths • 1216 sqft

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This property might be a fair Long-Term investment with a projected 1.27% first-year return on $38,850 initial cash invested.

1.27%

Cash On Cash

6.68%

Cap Rate

1.13

DSCR

$1,540

Rent

$41

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,850

Downpayment

20%

$37,000

Closing costs

1%

$1,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$1,499

Mortgage P&I

59%

$912

Property Taxes

8%

$122

Home Insurance

4%

$65

PManagement

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1807 11th St, Greensboro, NC 27405

$1,685

3

2

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0.1 mi

1209 Gordon St, Unit Copy, Greensboro, NC 27405

$1,300

3

2

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0.7 mi

1209 Gordon St, Greensboro, NC 27405

$1,300

3

2

1212

0.7 mi

1804 Water St, Greensboro, NC 27405

$1,275

3

2

1160

0.1 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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