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603 Shamrock Rd, High Point, NC 27265

3 beds • 2 baths • 1912 sqft

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This property looks like a bad Long-Term investment with a projected -6.38% first-year return on $65,625 initial cash invested.

-6.38%

Cash On Cash

4.91%

Cap Rate

0.84

DSCR

$1,990

Rent

-$349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,625

Downpayment

20%

$62,500

Closing costs

1%

$3,125

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,990

Total Expenses

$2,339

Mortgage P&I

77%

$1,527

Property Taxes

9%

$182

Home Insurance

6%

$112

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$119

Maintenance

5%

$100

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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1900

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2

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2.1 mi

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1.3 mi

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2

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0.9 mi

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5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

3030

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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