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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 Long-Term investment with a projected -22.68% first-year return on $179k initial cash invested.

-22.68%

Cash On Cash

1.43%

Cap Rate

0.24

DSCR

$2,370

Rent

-$3,374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,370

Total Expenses

$5,744

Mortgage P&I

180%

$4,268

Property Taxes

24%

$563

Home Insurance

13%

$298

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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2

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2

1

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5

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

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$2,850

5

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0.6 mi

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