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3402 Timberwolf Ave, High Point, NC 27265

3 beds • 2 baths • 1285 sqft

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This property looks like a bad Long-Term investment with a projected -8.65% first-year return on $54,096 initial cash invested.

-8.65%

Cash On Cash

4.62%

Cap Rate

0.77

DSCR

$1,780

Rent

-$390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,096

Downpayment

20%

$51,520

Closing costs

1%

$2,576

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,780

Total Expenses

$2,170

Mortgage P&I

73%

$1,292

Property Taxes

17%

$298

Home Insurance

6%

$100

HOA

1%

$17

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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