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1348 Granville St, Burlington, NC 27215

3 beds • 2 baths • 1575 sqft

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This property looks like a bad Long-Term investment with a projected -12.25% first-year return on $66,990 initial cash invested.

-12.25%

Cash On Cash

3.6%

Cap Rate

0.61

DSCR

$1,660

Rent

-$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,990

Downpayment

20%

$63,800

Closing costs

1%

$3,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,660

Total Expenses

$2,344

Mortgage P&I

94%

$1,557

Property Taxes

15%

$243

Home Insurance

7%

$112

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

120 Jefferson St, Burlington, NC 27217

$1,800

3

2

1625

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1117 Sherwood Dr, Burlington, NC 27215

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1804 W Front St, Burlington, NC 27215

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2

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0.4 mi

116 Stagg St, Burlington, NC 27217

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3

2

1550

1.2 mi

104 W Rancho Del Cerro

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4

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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