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208 S Myrtle School Rd, Gastonia, NC 28052

4 beds • 3 baths • 2323 sqft

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This property might be a fair Long-Term investment with a projected 6.98% first-year return on $38,850 initial cash invested.

6.98%

Cash On Cash

7.82%

Cap Rate

1.36

DSCR

$1,850

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,850

Downpayment

20%

$37,000

Closing costs

1%

$1,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,850

Total Expenses

$1,624

Mortgage P&I

48%

$887

Property Taxes

10%

$192

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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