REI Lense

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$4,286 (target)

1915 Wheeler Bridge Rd, Burlington, NC 27215

3 beds • 4 baths • 3461 sqft

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This property looks like a bad Mid-Term investment with a projected -15.59% first-year return on $209k initial cash invested.

-15.59%

Cash On Cash

2.74%

Cap Rate

0.45

DSCR

$4,286

Rent

-$2,710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,286 income − $6,996 expenses = $2,710 out of pocket

Income$4,286Out of Pocket$2,710Mortgage P&I$4,608108%Property Taxes$44710%Insurance$48511%Management$51412%CapEx$1714%Vacancy$1293%Maintenance$1714%Other$47111%

Investment Breakdown

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Purchase Price

$908k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$209k

Downpayment

20%

$182k

Closing costs

1%

$9,077

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,286

Total Expenses

$6,996

Mortgage P&I

108%

$4,608

Property Taxes

10%

$447

Home Insurance

11%

$485

HOA

0%

$0

Property Management

12%

$514

CapEx

4%

$171

Vacancy

3%

$129

Maintenance

4%

$171

Other

11%

$471

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