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This property looks like a bad Airbnb investment with a projected -1.31% first-year return on $77,031 initial cash invested.
-1.31%
Cash On Cash
6.04%
Cap Rate
1.03
DSCR
$3,115
Rent
-$84
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,031
Downpayment
20%
$56,220
Closing costs
1%
$2,811
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,115
Total Expenses
$3,199
Mortgage P&I
44%
$1,374
Property Taxes
7%
$229
Home Insurance
3%
$100
HOA
0%
$0
Property Management
15%
$467
CapEx
4%
$125
Vacancy
0%
$0
Maintenance
4%
$125
Other
25%
$779
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Gastonia Family Home < 20 Mi to Crowders Mtn | $2,876 | $155 | 2 | 2 | 0.64 mi |
3BR/2BA Gem | Quiet Gastonia Stay | New Everything | $2,746 | $148 | 3 | 2 | 1.6 mi |
prime location, good neighborhood | $3,692 | $199 | 4 | 2 | 0.66 mi |
small house | $2,616 | $141 | 2 | 2 | 2 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality