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$2,136 (target)

2506 Ashley Pl, Burlington, NC 27215

3 beds • 3 baths • 2037 sqft

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This property looks like a bad Long-Term investment with a projected -8.66% first-year return on $72,744 initial cash invested.

-8.66%

Cash On Cash

4.5%

Cap Rate

0.76

DSCR

$2,136

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,136 income − $2,661 expenses = $525 out of pocket

Income$2,136Out of Pocket$525Mortgage P&I$1,71780%Property Taxes$25012%Insurance$1386%Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,744

Downpayment

20%

$69,280

Closing costs

1%

$3,464

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,136

Total Expenses

$2,661

Mortgage P&I

80%

$1,717

Property Taxes

12%

$250

Home Insurance

6%

$138

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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