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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 -10.58% first-year return on $93,348 initial cash invested.

-10.58%

Cash On Cash

3.4%

Cap Rate

0.58

DSCR

$2,249

Rent

-$823

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,249 income − $3,072 expenses = $823 out of pocket

Income$2,249Out of Pocket$823Mortgage P&I$1,74978%Property Taxes$1145%Insurance$1306%Management$33715%CapEx$904%Maintenance$904%Other$56225%

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

$2,249

Total Expenses

$3,072

Mortgage P&I

78%

$1,749

Property Taxes

5%

$114

Home Insurance

6%

$130

HOA

0%

$0

Property Management

15%

$337

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$562

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