REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

311 S Scientific St, High Point, NC 27260

4 beds • 3 baths • 1838 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.2% first-year return on $89,919 initial cash invested.

-2.2%

Cash On Cash

5.72%

Cap Rate

0.98

DSCR

$3,210

Rent

-$165

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

$89,919

Downpayment

20%

$62,780

Closing costs

1%

$3,139

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$3,210

Total Expenses

$3,375

Mortgage P&I

48%

$1,534

Property Taxes

6%

$189

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$482

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$802

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Brand New Home <5min to HPU & Market

$4,532

$317

4

2.5

0.09 mi

Theater, heated pool/hot tub near HPU/Market

$3,502

$245

4

2.5

0.61 mi

Spacious Modern Home near Furniture Market

$2,230

$156

3

2

0.48 mi

Jamestown HPU furniture market

$2,545

$178

3

2

0.53 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis