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1907 Boulding Ave, High Point, NC 27265

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -2.16% first-year return on $46,179 initial cash invested.

-2.16%

Cash On Cash

6.18%

Cap Rate

1

DSCR

$1,700

Rent

-$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,700

Total Expenses

$1,783

Mortgage P&I

66%

$1,130

Property Taxes

8%

$134

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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2

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2

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1.3 mi

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2

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0.9 mi

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5

4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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