REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,010 (target)

1277 White Pond Dr, Gastonia, NC 28056

3 beds • 2 baths • 1843 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.07% first-year return on $129k initial cash invested.

-7.07%

Cash On Cash

4.84%

Cap Rate

0.78

DSCR

$4,010

Rent

-$762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,010 income − $4,772 expenses = $762 out of pocket

Income$4,010Out of Pocket$762Mortgage P&I$2,74168%Property Taxes$47712%Insurance$1925%Management$48112%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44111%

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

$4,010

Total Expenses

$4,772

Mortgage P&I

68%

$2,741

Property Taxes

12%

$477

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$481

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$441

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis