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Long-Term Rental Analysis
704 Devon Dr, Greensboro, NC 27406
$96,0003 beds • 1 baths • 1089 sqft

This property could be a profitable Long-Term investment with a projected 17.68% first-year return on $20,160 initial cash invested.

Cash On Cash
17.68%
Cap Rate
10.88%
Rent
$1,230
Cashflow
$297
Rent Confidence:  High
Annual
$14,760
Median
$1,200
Avg
$1,230
Samples
25
Financing

Purchase Price  $96,000
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $20,160
Downpayment  $19,200
Closing costs  $960
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,230
Total Expenses  $933
Mortgage P&I  $511
Property Taxes  $67
Home Insurance  $34
PManagement  $123
CapEx  $62
Vacancy  $74
Maintenance  $62
Other  $0
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