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1473 Altamahaw Union Ridge Rd, Burlington, NC 27217
3 beds • 3 baths • 3322 sqft
$744,600
View on ZillowThis property looks like a bad Mid-Term investment with a projected -10.23% first-year return on $174k initial cash invested.
-10.23%
Cash On Cash
4.3%
Cap Rate
0.67
DSCR
$4,790
Rent
-$1,486
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,790 income − $6,276 expenses = $1,486 out of pocket
Investment Breakdown
|
Purchase Price
$745k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$174k
Downpayment
20%
$149k
Closing costs
1%
$7,446
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,790
Total Expenses
$6,276
Mortgage P&I
83%
$3,962
Property Taxes
7%
$352
Home Insurance
7%
$332
HOA
0%
$0
Property Management
12%
$575
CapEx
4%
$192
Vacancy
3%
$144
Maintenance
4%
$192
Other
11%
$527