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$2,938 (target)

180 Creekside Dr, High Point, NC 27265

3 beds • 2 baths • 2140 sqft

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This property looks like a bad Mid-Term investment with a projected -3.41% first-year return on $100k initial cash invested.

-3.41%

Cash On Cash

5.49%

Cap Rate

0.91

DSCR

$2,938

Rent

-$285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,938 income − $3,223 expenses = $285 out of pocket

Income$2,938Out of Pocket$285Mortgage P&I$1,95867%Property Taxes$1304%Insurance$1355%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32311%

Investment Breakdown

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Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,240

Closing costs

1%

$3,912

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,938

Total Expenses

$3,223

Mortgage P&I

67%

$1,958

Property Taxes

4%

$130

Home Insurance

5%

$135

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$323

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