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644 Greenwood Dr, Burlington, NC 27217

4 beds • 2 baths • 1837 sqft

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This property looks like a bad Airbnb investment with a projected -7.71% first-year return on $95,295 initial cash invested.

-7.71%

Cash On Cash

4.21%

Cap Rate

0.7

DSCR

$2,520

Rent

-$612

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,295

Downpayment

20%

$67,900

Closing costs

1%

$3,395

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$2,520

Total Expenses

$3,132

Mortgage P&I

68%

$1,702

Property Taxes

4%

$101

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$378

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$630

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