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2578 Keck Dr, Burlington, NC 27215

3 beds • 5 baths • 4467 sqft

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This property looks like a bad Airbnb investment with a projected -21.48% first-year return on $214k initial cash invested.

-21.48%

Cash On Cash

1.35%

Cap Rate

0.22

DSCR

$3,029

Rent

-$3,834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,029 income − $6,863 expenses = $3,834 out of pocket

Income$3,029Out of Pocket$3,834Mortgage P&I$4,766157%Property Taxes$29610%Insurance$34811%Management$45415%CapEx$1214%Maintenance$1214%Other$75725%

Investment Breakdown

|

Purchase Price

$934k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$214k

Downpayment

20%

$187k

Closing costs

1%

$9,341

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,029

Total Expenses

$6,863

Mortgage P&I

157%

$4,766

Property Taxes

10%

$296

Home Insurance

11%

$348

HOA

0%

$0

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$757

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