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$2,908 (target)

1143 Adirondak Dr, Gastonia, NC 28052

3 beds • 2 baths • 1494 sqft

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This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $77,850 initial cash invested.

2.27%

Cash On Cash

7.06%

Cap Rate

1.19

DSCR

$2,908

Rent

$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,908 income − $2,761 expenses = $147 cash flow

Income$2,908Mortgage P&I$1,41349%Property Taxes$2589%Insurance$1024%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$147

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,908

Total Expenses

$2,761

Mortgage P&I

49%

$1,413

Property Taxes

9%

$258

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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