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1432 Laurel Ln, Gastonia, NC 28054

4 beds • 5 baths • 4909 sqft

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This property looks like a bad Airbnb investment with a projected -8.91% first-year return on $203k initial cash invested.

-8.91%

Cash On Cash

4.3%

Cap Rate

0.71

DSCR

$6,974

Rent

-$1,503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$203k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$6,974

Total Expenses

$8,477

Mortgage P&I

61%

$4,268

Property Taxes

8%

$563

Home Insurance

4%

$298

HOA

0%

$0

Property Management

15%

$1,046

CapEx

4%

$279

Vacancy

0%

$0

Maintenance

4%

$279

Other

25%

$1,744

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