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514 Burlington Ave, Durham, NC 27707

3 beds • 1 baths • 1458 sqft

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This property looks like a bad Long-Term investment with a projected -1.83% first-year return on $47,250 initial cash invested.

-1.83%

Cash On Cash

6.14%

Cap Rate

1.02

DSCR

$1,820

Rent

-$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,820

Total Expenses

$1,892

Mortgage P&I

62%

$1,132

Property Taxes

11%

$208

Home Insurance

4%

$79

PManagement

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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Beds

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SQFT

Distance

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3

1

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3

1

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3

1

1120

0.5 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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