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3029 Havasu Way, High Point, NC 27265

3 beds • 3 baths • 2861 sqft

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This property looks like a bad Long-Term investment with a projected -11.84% first-year return on $83,601 initial cash invested.

-11.84%

Cash On Cash

3.86%

Cap Rate

0.64

DSCR

$2,180

Rent

-$825

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,601

Downpayment

20%

$79,620

Closing costs

1%

$3,981

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,180

Total Expenses

$3,005

Mortgage P&I

92%

$1,995

Property Taxes

14%

$298

Home Insurance

7%

$145

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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