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$2,400 (target)

438 Dudley St, Burlington, NC 27217

3 beds • 2 baths • 1547 sqft

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This property might be a fair Mid-Term investment with a projected 0.62% first-year return on $73,209 initial cash invested.

0.62%

Cash On Cash

6.59%

Cap Rate

1.1

DSCR

$2,400

Rent

$38

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,400 income − $2,362 expenses = $38 cash flow

Income$2,400Mortgage P&I$1,30955%Property Taxes$1456%Insurance$924%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%Cash Flow$38

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,209

Downpayment

20%

$52,580

Closing costs

1%

$2,629

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,400

Total Expenses

$2,362

Mortgage P&I

55%

$1,309

Property Taxes

6%

$145

Home Insurance

4%

$92

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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