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$1,990 (target)

5616 Cates Dr, Greensboro, NC 27409

3 beds • 2 baths • 2020 sqft

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This property looks like a bad Long-Term investment with a projected -11.36% first-year return on $75,873 initial cash invested.

-11.36%

Cash On Cash

4.33%

Cap Rate

0.68

DSCR

$1,990

Rent

-$718

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,990 income − $2,708 expenses = $718 out of pocket

Income$1,990Out of Pocket$718Mortgage P&I$1,92397%Property Taxes$1347%Insurance$1337%Management$19910%CapEx$1005%Vacancy$1196%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,873

Downpayment

20%

$72,260

Closing costs

1%

$3,613

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,990

Total Expenses

$2,708

Mortgage P&I

97%

$1,923

Property Taxes

7%

$134

Home Insurance

7%

$133

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$119

Maintenance

5%

$100

Other

0%

$0

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