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111 Louisbourg Ct, Gastonia, NC 28056

3 beds • 2 baths • 1220 sqft

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This property looks like a bad Mid-Term investment with a projected -0.44% first-year return on $84,108 initial cash invested.

-0.44%

Cash On Cash

6.02%

Cap Rate

1.05

DSCR

$2,608

Rent

-$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,108

Downpayment

20%

$62,960

Closing costs

1%

$3,148

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,608

Total Expenses

$2,639

Mortgage P&I

58%

$1,506

Property Taxes

5%

$135

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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