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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 -20.52% first-year return on $117k initial cash invested.

-20.52%

Cash On Cash

1.02%

Cap Rate

0.17

DSCR

$1,310

Rent

-$1,992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,310 income − $3,302 expenses = $1,992 out of pocket

Income$1,310Out of Pocket$1,992Mortgage P&I$2,339179%Property Taxes$14211%Insurance$17213%HOA$212%Management$19615%CapEx$524%Maintenance$524%Other$32825%

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

$1,310

Total Expenses

$3,302

Mortgage P&I

179%

$2,339

Property Taxes

11%

$142

Home Insurance

13%

$172

HOA

2%

$21

Property Management

15%

$196

CapEx

4%

$52

Vacancy

0%

$0

Maintenance

4%

$52

Other

25%

$328

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