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$1,917 (target)

2502 Burton Estates Ln, Lincolnton, NC 28092

3 beds • 3 baths • 1950 sqft

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This property looks like a bad Long-Term investment with a projected -16.29% first-year return on $94,290 initial cash invested.

-16.29%

Cash On Cash

3.04%

Cap Rate

0.49

DSCR

$1,917

Rent

-$1,280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,917 income − $3,197 expenses = $1,280 out of pocket

Income$1,917Out of Pocket$1,280Mortgage P&I$2,320121%Property Taxes$21511%Insurance$1639%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,290

Downpayment

20%

$89,800

Closing costs

1%

$4,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,917

Total Expenses

$3,197

Mortgage P&I

121%

$2,320

Property Taxes

11%

$215

Home Insurance

9%

$163

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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