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1907 Boulding Ave, High Point, NC 27265

3 beds • 2 baths • 1600 sqft

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This property might be a fair Airbnb investment with a projected 6.17% first-year return on $64,179 initial cash invested.

6.17%

Cash On Cash

8.67%

Cap Rate

1.41

DSCR

$3,215

Rent

$330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,215

Total Expenses

$2,885

Mortgage P&I

35%

$1,130

Property Taxes

4%

$134

Home Insurance

2%

$77

HOA

0%

$0

Property Management

15%

$482

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$804

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