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4578 Millpoint Rd, Greensboro, NC 27406

2 beds • 4 baths • 1654 sqft

$1,145,500

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This property looks like a bad Airbnb investment with a projected -23.94% first-year return on $253k initial cash invested.

-23.94%

Cash On Cash

0.75%

Cap Rate

0.13

DSCR

$2,511

Rent

-$5,038

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1146k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$253k

Downpayment

20%

$229k

Closing costs

1%

$11,455

Rehab

0%

$0

Furnishing

1%

$12,000

Cashflow

Total Income

$2,511

Total Expenses

$7,549

Mortgage P&I

225%

$5,654

Property Taxes

11%

$270

Home Insurance

17%

$420

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$628

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Baths

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3

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3

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4

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5

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2

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