REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,001 (target)

909 Short St, Burlington, NC 27217

3 beds • 2 baths • 975 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.16% first-year return on $58,950 initial cash invested.

3.16%

Cash On Cash

7.72%

Cap Rate

1.23

DSCR

$2,001

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,001

Total Expenses

$1,846

Mortgage P&I

51%

$1,020

Property Taxes

4%

$78

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis