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1620 Seabrook Ct, Gastonia, NC 28056

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Mid-Term investment with a projected -1.11% first-year return on $90,618 initial cash invested.

-1.11%

Cash On Cash

5.86%

Cap Rate

1.02

DSCR

$2,862

Rent

-$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,618

Downpayment

20%

$69,160

Closing costs

1%

$3,458

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$2,946

Mortgage P&I

58%

$1,660

Property Taxes

5%

$145

Home Insurance

4%

$126

HOA

2%

$43

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$315

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