CashFlowRE
Sign in Sign up
300 E Hemp St
B- Composite 69.19
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +22.1/30.0
  • ARV discount +15.0/15.0
  • Appreciation +7.5/10.0
  • DSCR +7.1/10.0
  • 1% rule +4.9/10.0
  • Schools +4.4/10.0
  • Livability +3.3/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$185,000

300 E Hemp St · Robbins, NC 27325
4 bd · 2.0 ba · 1,620 sqft · SingleFamily public records · 4 Days on market
Built 2008 0.46 ac lot Est $245k · 24% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Come see this fantastic home located in the town of Robbins, NC. Take advantage of the low cost living in the Northern part of Moore County. This home has it all 4 bedrooms, 2 baths, Living room, Dining room, Kitchen and separate Family room. Renovated interior is freshly painted, new light fixtures and new flooring throughout. Large Master suite with walk-in closet, Master bath features tile shower, garden tub and double sink vanity. Lots of space for your family to grow! Great value and move in ready!! 1 hour drive to Raleigh/Durham area, 1 hour to Greensboro, 1 hour to Fayetteville/Ft Bragg.

Key facts

  • Split-bedroom layout
  • Private bath
  • Separate family room

Tags

OPEN-CONCEPT LAYOUTSEPARATE FAMILY ROOMSPLIT-BEDROOM LAYOUTPRIVATE BATHGARDEN TUBNEW ROOF

Property features AI

Finance

  • HOA & community: No association

Exterior

  • Parking: Driveway with gravel surface
  • Utilities: Public water; Public sewer; Publicly maintained road
  • Home design: Manufactured double-wide home; One story; Permanent foundation; Metal roof
  • Construction: Vinyl siding
  • Exterior features: Storage; No patio or porch listed; Lot approximately 0.46 acres; City street frontage on a public, asphalt road

Interior

  • Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Eat-in kitchen
  • Bedrooms: 4 bedrooms (all on the main level)
  • Flooring: Laminate
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Heat pump for heating and cooling
  • Interior features: Bathtub/shower combination; Separate shower; Soaking tub; Whirlpool tub; Ceiling fans; Eat-in kitchen; Primary bedroom on main level; Walk-in closet(s)
  • Laundry & utility: Laundry room; Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $185k.

Deal economics

  • At list price, monthly cash flow is $298 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $182k (1.4% below list).
  • Recommended offer: $182k (1.4% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 66/100 on livability (#270 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety C-, amenities F, commute F.
  • Moore County Schools (rural): math 48% / reading 54% proficiency, ranked #58 of 178 in NC (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: North Moore High (math 67% / reading 47%, grade C, #248 of 535 statewide, top 48%, 593 students, 63% FRL) — zoned schools average 63% FRL vs 40% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 20 active listings in the ZIP; 941 units permitted in Moore County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $11k of equity ($1k loan paydown + $9k appreciation (5.0% local appreciation)).
  • Moore County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (5.0% appreciation + 3.0% rent growth), your $52k cash investment doubles in ~4 years — after that, you're playing with house money.
  • By year 4, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $95k; list at $185k implies a 95% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $182,423 (1.4% below list)

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.99%
Cap rate
8.22%
Cash-on-cash
6.89%
DSCR
1.31
GRM
8.5

CMA / ARV

ARV (on-the-fly)
$244,620
Comps found
4
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
101 N Rockingham St 0.31mi 3/2.0 (-1) 1,504 (-7%) 1mo $128,000 $85 68
221 Currie-baptist St 0.53mi 3/2.0 (-1) 1,626 (+0%) 22mo $245,000 $151 51
240 S Oak St 0.56mi 3/2.0 (-1) 1,704 (+5%) 22mo $285,000 $167 42
671 E Forest St 0.73mi 4/2.5 1,702 (+5%) 17mo $119,000 $70 41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

5.01% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
18.8%
Equity multiple
2.19×
Total profit
$61,678
Equity at exit
$104,984
10-year hold
IRR
18.7%
Equity multiple
4.28×
Total profit
$169,933
Equity at exit
$181,311

Cash invested: $51,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
85 Strongly Landlord-Friendly
State North Carolina
85 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
10-day notice; preempted; landlord-favorable but court speed varies.

ZIP-level market 27325

Home prices YoY
3.0%
Active inventory
20
Price-to-rent
8.5×

Monthly cashflow live

Estimated rent
$1,824 medium interval (Pro) →
Mortgage (P&I)
$970
Tax from tax record
$96 /mo · $1,155/yr
Insurance
$77
HOA
$0
Vacancy / Maint / Mgmt
$383
Net cashflow
$298

Break-even live

Break-even rent $1,448
Max offer price $185,000
Occupancy floor 79%

Sensitivity live

Price -10% $402 -5% $350 +0% $298 +5% $245 +10% $193
Rent -10% $154 -5% $226 +0% $298 +5% $370 +10% $442
Rate -1.0pp $391 -0.5pp $345 base $298 +0.5pp $250 +1.0pp $201

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$46,250
Closing costs
$5,550
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 8 events

  1. 2026-05-13
    status Pending
  2. 2026-05-12
    status Active
  3. 2026-04-25
    status Pending
  4. 2026-04-22
    listed $185,000 Active
  5. 2019-10-04
    soldstatus $94,900 601-char remark
    Show marketing remark (601 chars)

    Come see this fantastic home located in the town of Robbins, NC. Take advantage of the low cost living in the Northern part of Moore County. This home has it all 4 bedrooms, 2 baths, Living room, Dining room, Kitchen and separate Family room. Renovated interior is freshly painted, new light fixtures and new flooring throughout. Large Master suite with walk-in closet, Master bath features tile shower, garden tub and double sink vanity. Lots of space for your family to grow! Great value and move in ready!! 1 hour drive to Raleigh/Durham area, 1 hour to Greensboro, 1 hour to Fayetteville/Ft Bragg.

  6. 2019-10-03
    soldstatus $95,000
  7. 2019-04-19
    listed $94,900 601-char remark
    Show marketing remark (601 chars)

    Come see this fantastic home located in the town of Robbins, NC. Take advantage of the low cost living in the Northern part of Moore County. This home has it all 4 bedrooms, 2 baths, Living room, Dining room, Kitchen and separate Family room. Renovated interior is freshly painted, new light fixtures and new flooring throughout. Large Master suite with walk-in closet, Master bath features tile shower, garden tub and double sink vanity. Lots of space for your family to grow! Great value and move in ready!! 1 hour drive to Raleigh/Durham area, 1 hour to Greensboro, 1 hour to Fayetteville/Ft Bragg.

  8. 2018-04-02
    soldstatus $28,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NC · Resets to sale price

Current annual tax
$1,155 · $96/mo
Projected year-2 tax
$1,517 · $126/mo
Expected delta
+$362/yr (+$30/mo · 31.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,891
− Mortgage interest
−$10,363
− Property taxes
−$1,155
− Insurance
−$925
− Repairs & maintenance
−$1,751
− Management
−$1,751
− Depreciation
−$5,382
Taxable income
$563
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$135
After-tax cash flow
$3,436/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Moore County Schools
NCES district ID
3703090
Math proficiency
48% ▲ 5.00%
Reading proficiency
54% ▲ 5.00%
Median HH income
$50,333
Composite
43.63/100
National rank
#2967
State rank
#58 of 178 in NC

Livability — Robbins

Score
66/100
State rank
#270
US rank
#11758

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment F Housing A+ Health & safety C- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Robbins, NC
Population (ZIP)
7,261

Population outlook (Moore County) Hauer SSP2

Today (2025)
106,902 people
By 2030
113,134 · +5.8%
By 2040
125,682 · +17.6%
By 2050
137,811 · +28.9%
By 2075
164,387 · +53.8%
By 2100
175,595 · +64.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (60%)
Race & ethnicity
White 60% Hispanic / Latino 31% Two or more races 13% Black 5%
Hispanic origin (detail)
Mexican 25%
Common ancestry
Serbian 1% Romanian 1% Slovak 1%
Foreign-born
15% · Canada
Languages at home
72% English-only · Spanish 28%

Political lean MEDSL · Moore

2024 margin
Strong R (+29.5) · D 34.8% · R 64.3%
2008→2024 swing
-8.1pp toward R · 2008: -21.4pp · 2024: -29.5pp
All cycles
2024: R+29.5 2020: R+27.4 2016: R+29.6 2012: R+28.1 2008: R+21.4

Not yet ingested

Civics

Market trends

HPI YoY
▲ 5.01%
Current HPI
172.9902
Rent YoY
Metro
State GDP YoY
▲ 3.28%
F500 in state
26

Industry mix (Fortune 500 HQ in NC)

Industry F500 HQs Revenue

Price history

+549.1% since first listed
8 events — show timeline
  • 2026-05-13 Pending TMLS
  • 2026-05-12 Relisted TMLS
  • 2026-04-25 Pending TMLS
  • 2026-04-22 Listed $185,000 TMLS
  • 2019-10-04 Sold (MLS) $94,900 Hive MLS
  • 2019-10-03 Sold (Public Records) $95,000 Public Records
  • 2019-04-19 Listed $94,900 Hive MLS
  • 2018-04-02 Sold (Public Records) $28,500 Public Records

Property tax history

+3.7%/yr

Latest (2024): $1,155 · -4.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…