REI Lense

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$2,937 (target)

4417 Garden Club St, High Point, NC 27265

3 beds • 2 baths • 1440 sqft

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This property might be a fair Mid-Term investment with a projected 3.25% first-year return on $75,603 initial cash invested.

3.25%

Cash On Cash

7.5%

Cap Rate

1.23

DSCR

$2,937

Rent

$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,937 income − $2,732 expenses = $205 cash flow

Income$2,937Mortgage P&I$1,39247%Property Taxes$2218%Insurance$983%HOA$241%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32311%Cash Flow$205

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,603

Downpayment

20%

$54,860

Closing costs

1%

$2,743

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,937

Total Expenses

$2,732

Mortgage P&I

47%

$1,392

Property Taxes

8%

$221

Home Insurance

3%

$98

HOA

1%

$24

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$323

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