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195 Banjo Branch Rd, Burnsville, NC 28714

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Airbnb investment with a projected -9.98% first-year return on $84,150 initial cash invested.

-9.98%

Cash On Cash

3.71%

Cap Rate

0.61

DSCR

$2,088

Rent

-$700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,088 income − $2,788 expenses = $700 out of pocket

Income$2,088Out of Pocket$700Mortgage P&I$1,59176%Property Taxes$844%Insurance$1105%Management$31315%CapEx$844%Maintenance$844%Other$52225%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,088

Total Expenses

$2,788

Mortgage P&I

76%

$1,591

Property Taxes

4%

$84

Home Insurance

5%

$110

HOA

0%

$0

Property Management

15%

$313

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$522

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