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$2,066 (target)

1028 East Dr, Gastonia, NC 28052

3 beds • 2 baths • 1246 sqft

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This property could be a profitable Mid-Term investment with a projected 11.15% first-year return on $47,904 initial cash invested.

11.15%

Cash On Cash

10.89%

Cap Rate

1.69

DSCR

$2,066

Rent

$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,066 income − $1,621 expenses = $445 cash flow

Income$2,066Mortgage P&I$76437%Property Taxes$945%Insurance$603%Management$24812%CapEx$834%Vacancy$623%Maintenance$834%Other$22711%Cash Flow$445

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,904

Downpayment

20%

$28,480

Closing costs

1%

$1,424

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,066

Total Expenses

$1,621

Mortgage P&I

37%

$764

Property Taxes

5%

$94

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$248

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$227

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