REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,724 (target)

1771 Longshadow Dr, Burlington, NC 27217

3 beds • 2 baths • 1517 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.4% first-year return on $57,393 initial cash invested.

-6.4%

Cash On Cash

5.05%

Cap Rate

0.84

DSCR

$1,724

Rent

-$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,724 income − $2,030 expenses = $306 out of pocket

Income$1,724Out of Pocket$306Mortgage P&I$1,37180%Property Taxes$1167%Insurance$966%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,393

Downpayment

20%

$54,660

Closing costs

1%

$2,733

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,724

Total Expenses

$2,030

Mortgage P&I

80%

$1,371

Property Taxes

7%

$116

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis