REI Lense

REI Lense

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$1,334 (target)

909 Short St, Burlington, NC 27217

3 beds • 2 baths • 975 sqft

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This property looks like a bad Long-Term investment with a projected -5.25% first-year return on $40,950 initial cash invested.

-5.25%

Cash On Cash

5.59%

Cap Rate

0.89

DSCR

$1,334

Rent

-$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,334

Total Expenses

$1,513

Mortgage P&I

76%

$1,020

Property Taxes

6%

$78

Home Insurance

5%

$68

HOA

0%

$0

Property Management

10%

$133

CapEx

5%

$67

Vacancy

6%

$80

Maintenance

5%

$67

Other

0%

$0

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