REI Lense

REI Lense

Unlock all features! Tap here to upgrade

443 Parkview Dr, Burlington, NC 27215

3 beds • 2 baths • 2293 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.71% first-year return on $93,348 initial cash invested.

-9.71%

Cash On Cash

3.64%

Cap Rate

0.62

DSCR

$2,380

Rent

-$755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,380 income − $3,135 expenses = $755 out of pocket

Income$2,380Out of Pocket$755Mortgage P&I$1,74973%Property Taxes$1145%Insurance$1305%Management$35715%CapEx$954%Maintenance$954%Other$59525%

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

$2,380

Total Expenses

$3,135

Mortgage P&I

73%

$1,749

Property Taxes

5%

$114

Home Insurance

5%

$130

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$595

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis