REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1277 White Pond Dr, Gastonia, NC 28056

3 beds • 2 baths • 1843 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.77% first-year return on $129k initial cash invested.

-21.77%

Cash On Cash

1.07%

Cap Rate

0.17

DSCR

$2,044

Rent

-$2,348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,044 income − $4,392 expenses = $2,348 out of pocket

Income$2,044Out of Pocket$2,348Mortgage P&I$2,741134%Property Taxes$47723%Insurance$1929%Management$30715%CapEx$824%Maintenance$824%Other$51125%

Investment Breakdown

|

Purchase Price

$531k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,306

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,044

Total Expenses

$4,392

Mortgage P&I

134%

$2,741

Property Taxes

23%

$477

Home Insurance

9%

$192

HOA

0%

$0

Property Management

15%

$307

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$511

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis