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235 Rolling Ridge Loop, Burnsville, NC 28714

3 beds • 2 baths • 1900 sqft

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This property looks like a bad Airbnb investment with a projected -6.41% first-year return on $96,960 initial cash invested.

-6.41%

Cash On Cash

4.86%

Cap Rate

0.8

DSCR

$3,225

Rent

-$518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,225 income − $3,743 expenses = $518 out of pocket

Income$3,225Out of Pocket$518Mortgage P&I$1,91359%Property Taxes$1424%Insurance$1404%Management$48415%CapEx$1294%Maintenance$1294%Other$80625%

Investment Breakdown

|

Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,960

Downpayment

20%

$75,200

Closing costs

1%

$3,760

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,225

Total Expenses

$3,743

Mortgage P&I

59%

$1,913

Property Taxes

4%

$142

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

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