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$2,817 (target)

1049 Sweetgum St, Gastonia, NC 28054

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Mid-Term investment with a projected -1.77% first-year return on $83,247 initial cash invested.

-1.77%

Cash On Cash

5.93%

Cap Rate

0.99

DSCR

$2,817

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,817 income − $2,940 expenses = $123 out of pocket

Income$2,817Out of Pocket$123Mortgage P&I$1,54555%Property Taxes$27510%Insurance$1124%HOA$492%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%

Investment Breakdown

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Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,247

Downpayment

20%

$62,140

Closing costs

1%

$3,107

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,817

Total Expenses

$2,940

Mortgage P&I

55%

$1,545

Property Taxes

10%

$275

Home Insurance

4%

$112

HOA

2%

$49

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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