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619 Leisure Ln, Burnsville, NC 28714

3 beds • 3 baths • 1964 sqft

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This property looks like a bad Airbnb investment with a projected -19.67% first-year return on $117k initial cash invested.

-19.67%

Cash On Cash

1.25%

Cap Rate

0.21

DSCR

$1,471

Rent

-$1,910

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,471 income − $3,381 expenses = $1,910 out of pocket

Income$1,471Out of Pocket$1,910Mortgage P&I$2,339159%Property Taxes$14210%Insurance$17212%HOA$211%Management$22115%CapEx$594%Maintenance$594%Other$36825%

Investment Breakdown

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Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,820

Closing costs

1%

$4,691

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,471

Total Expenses

$3,381

Mortgage P&I

159%

$2,339

Property Taxes

10%

$142

Home Insurance

12%

$172

HOA

1%

$21

Property Management

15%

$221

CapEx

4%

$59

Vacancy

0%

$0

Maintenance

4%

$59

Other

25%

$368

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