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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 -18.23% first-year return on $122k initial cash invested.

-18.23%

Cash On Cash

1.68%

Cap Rate

0.28

DSCR

$1,794

Rent

-$1,853

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,794 income − $3,647 expenses = $1,853 out of pocket

Income$1,794Out of Pocket$1,853Mortgage P&I$2,473138%Property Taxes$1408%Insurance$17310%Management$26915%CapEx$724%Maintenance$724%Other$44825%

Investment Breakdown

|

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

$1,794

Total Expenses

$3,647

Mortgage P&I

138%

$2,473

Property Taxes

8%

$140

Home Insurance

10%

$173

HOA

0%

$0

Property Management

15%

$269

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$448

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