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$3,224 (target)

2 Gingerly Way, Greensboro, NC 27455

3 beds • 3 baths • 2150 sqft

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This property looks like a bad Mid-Term investment with a projected -5.62% first-year return on $99,312 initial cash invested.

-5.62%

Cash On Cash

4.86%

Cap Rate

0.82

DSCR

$3,224

Rent

-$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,224 income − $3,689 expenses = $465 out of pocket

Income$3,224Out of Pocket$465Mortgage P&I$1,90459%Property Taxes$34111%Insurance$1364%HOA$2117%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,312

Downpayment

20%

$77,440

Closing costs

1%

$3,872

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,224

Total Expenses

$3,689

Mortgage P&I

59%

$1,904

Property Taxes

11%

$341

Home Insurance

4%

$136

HOA

7%

$211

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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