REI Lense

REI Lense

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$2,281 (target)

118 Brassfield Dr, Burlington, NC 27217

3 beds • 3 baths • 2029 sqft

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This property looks like a bad Long-Term investment with a projected -7.44% first-year return on $68,565 initial cash invested.

-7.44%

Cash On Cash

4.95%

Cap Rate

0.81

DSCR

$2,281

Rent

-$425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,281 income − $2,706 expenses = $425 out of pocket

Income$2,281Out of Pocket$425Mortgage P&I$1,65773%Property Taxes$27112%Insurance$1165%HOA$693%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,565

Downpayment

20%

$65,300

Closing costs

1%

$3,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,281

Total Expenses

$2,706

Mortgage P&I

73%

$1,657

Property Taxes

12%

$271

Home Insurance

5%

$116

HOA

3%

$69

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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