REI Lense

REI Lense

Unlock all features! Tap here to upgrade

434 Dovers Branch Rd, Burnsville, NC 28714

3 beds • 2 baths • 3008 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.29% first-year return on $92,025 initial cash invested.

-11.29%

Cash On Cash

3.35%

Cap Rate

0.56

DSCR

$2,187

Rent

-$866

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,187 income − $3,053 expenses = $866 out of pocket

Income$2,187Out of Pocket$866Mortgage P&I$1,76481%Property Taxes$1095%Insurance$1316%Management$32815%CapEx$874%Maintenance$874%Other$54725%

Investment Breakdown

|

Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,025

Downpayment

20%

$70,500

Closing costs

1%

$3,525

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,187

Total Expenses

$3,053

Mortgage P&I

81%

$1,764

Property Taxes

5%

$109

Home Insurance

6%

$131

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$547

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis