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210 N Gurney St, Burlington, NC 27215

3 beds • 3 baths • 2374 sqft

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This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $86,250 initial cash invested.

1.64%

Cash On Cash

6.77%

Cap Rate

1.15

DSCR

$3,196

Rent

$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,196

Total Expenses

$3,078

Mortgage P&I

50%

$1,588

Property Taxes

9%

$288

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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