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537 N Gurney St, Burlington, NC 27215

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -7.8% first-year return on $88,623 initial cash invested.

-7.8%

Cash On Cash

4.26%

Cap Rate

0.72

DSCR

$2,831

Rent

-$576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,623

Downpayment

20%

$67,260

Closing costs

1%

$3,363

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,831

Total Expenses

$3,407

Mortgage P&I

59%

$1,656

Property Taxes

10%

$278

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$425

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$708

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