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311 S Scientific St, High Point, NC 27260

4 beds • 3 baths • 1838 sqft

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This property looks like a bad Long-Term investment with a projected -5.22% first-year return on $65,919 initial cash invested.

-5.22%

Cash On Cash

5.16%

Cap Rate

0.88

DSCR

$2,090

Rent

-$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,919

Downpayment

20%

$62,780

Closing costs

1%

$3,139

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,090

Total Expenses

$2,377

Mortgage P&I

73%

$1,534

Property Taxes

9%

$189

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$209

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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2.5

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2

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0.9 mi

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0.6 mi

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2

1

2020

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4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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