REI Lense

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$3,222 (target)

1549 Cecelia Dr, Gastonia, NC 28054

3 beds • 3 baths • 2100 sqft

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This property looks like a bad Mid-Term investment with a projected -3.75% first-year return on $106k initial cash invested.

-3.75%

Cash On Cash

5.43%

Cap Rate

0.9

DSCR

$3,222

Rent

-$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,800

Closing costs

1%

$4,190

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,222

Total Expenses

$3,553

Mortgage P&I

65%

$2,099

Property Taxes

7%

$236

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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