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443 Parkview Dr, Burlington, NC 27215

3 beds • 2 baths • 2293 sqft

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This property looks like a bad Airbnb investment with a projected -8.63% first-year return on $93,348 initial cash invested.

-8.63%

Cash On Cash

3.95%

Cap Rate

0.67

DSCR

$2,543

Rent

-$671

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,348

Downpayment

20%

$71,760

Closing costs

1%

$3,588

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,543

Total Expenses

$3,214

Mortgage P&I

69%

$1,749

Property Taxes

4%

$114

Home Insurance

5%

$130

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$636

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