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$2,373 (target)

601 Quaker Ln, High Point, NC 27262

3 beds • 2 baths • 2016 sqft

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This property looks like a bad Mid-Term investment with a projected -4.46% first-year return on $83,898 initial cash invested.

-4.46%

Cash On Cash

5.27%

Cap Rate

0.86

DSCR

$2,373

Rent

-$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,373 income − $2,685 expenses = $312 out of pocket

Income$2,373Out of Pocket$312Mortgage P&I$1,59567%Property Taxes$1697%Insurance$1145%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26111%

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,898

Downpayment

20%

$62,760

Closing costs

1%

$3,138

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,373

Total Expenses

$2,685

Mortgage P&I

67%

$1,595

Property Taxes

7%

$169

Home Insurance

5%

$114

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

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