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2234 Saddle Club Rd, Burlington, NC 27215

3 beds • 3 baths • 2077 sqft

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This property looks like a bad Mid-Term investment with a projected -4.86% first-year return on $102k initial cash invested.

-4.86%

Cash On Cash

4.97%

Cap Rate

0.85

DSCR

$2,904

Rent

-$414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,140

Closing costs

1%

$4,007

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,904

Total Expenses

$3,318

Mortgage P&I

67%

$1,958

Property Taxes

8%

$229

Home Insurance

5%

$145

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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