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296 Austin Mountain Dr, Burnsville, NC 28714

3 beds • 3 baths • 2071 sqft

$1,395,000

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This property looks like a bad Airbnb investment with a projected -26.01% first-year return on $311k initial cash invested.

-26.01%

Cash On Cash

0.07%

Cap Rate

0.01

DSCR

$2,676

Rent

-$6,741

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1395k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$311k

Downpayment

20%

$279k

Closing costs

1%

$13,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,676

Total Expenses

$9,417

Mortgage P&I

251%

$6,710

Property Taxes

21%

$558

Home Insurance

18%

$488

HOA

14%

$377

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$669

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