REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,400 (target)

116 Glenwood Ave, Burlington, NC 27215

3 beds • 2 baths • 1686 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.35% first-year return on $67,014 initial cash invested.

2.35%

Cash On Cash

7.48%

Cap Rate

1.18

DSCR

$2,400

Rent

$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$233k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,014

Downpayment

20%

$46,680

Closing costs

1%

$2,334

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,400

Total Expenses

$2,269

Mortgage P&I

51%

$1,228

Property Taxes

6%

$141

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis