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1116 Marcela Dr, Gastonia, NC 28054

3 beds • 2 baths • 1301 sqft

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This property looks like a bad Airbnb investment with a projected -0.84% first-year return on $78,795 initial cash invested.

-0.84%

Cash On Cash

6.08%

Cap Rate

1.05

DSCR

$3,223

Rent

-$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,795

Downpayment

20%

$57,900

Closing costs

1%

$2,895

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,223

Total Expenses

$3,278

Mortgage P&I

43%

$1,393

Property Taxes

7%

$236

Home Insurance

3%

$102

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

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