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1901 Blue Rock Rd, Burnsville, NC 28714

3 beds • 2 baths • 1381 sqft

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This property looks like a bad Airbnb investment with a projected -16.74% first-year return on $122k initial cash invested.

-16.74%

Cash On Cash

2.07%

Cap Rate

0.35

DSCR

$2,086

Rent

-$1,701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,086 income − $3,787 expenses = $1,701 out of pocket

Income$2,086Out of Pocket$1,701Mortgage P&I$2,473119%Property Taxes$1407%Insurance$1738%Management$31315%CapEx$834%Maintenance$834%Other$52225%

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,086

Total Expenses

$3,787

Mortgage P&I

119%

$2,473

Property Taxes

7%

$140

Home Insurance

8%

$173

HOA

0%

$0

Property Management

15%

$313

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$522

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