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210 N Gurney St, Burlington, NC 27215

3 beds • 3 baths • 2374 sqft

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This property looks like a bad Airbnb investment with a projected -6.91% first-year return on $86,250 initial cash invested.

-6.91%

Cash On Cash

4.45%

Cap Rate

0.76

DSCR

$2,872

Rent

-$497

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,872

Total Expenses

$3,369

Mortgage P&I

55%

$1,588

Property Taxes

10%

$288

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$431

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$718

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2

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$2,850

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