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2400 W Florida St, Greensboro, NC 27403

3 beds • 2 baths • 1025 sqft

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This property looks like a bad Long-Term investment with a projected -3.7% first-year return on $44,100 initial cash invested.

-3.7%

Cash On Cash

5.62%

Cap Rate

0.94

DSCR

$1,470

Rent

-$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,470

Total Expenses

$1,606

Mortgage P&I

71%

$1,045

Property Taxes

7%

$104

Home Insurance

5%

$74

PManagement

10%

$147

CapEx

5%

$74

Vacancy

6%

$88

Maintenance

5%

$74

Other

0%

$0

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