REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

208 S Myrtle School Rd, Gastonia, NC 28052

4 beds • 3 baths • 2323 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.84% first-year return on $62,850 initial cash invested.

-21.84%

Cash On Cash

-1.67%

Cap Rate

-0.29

DSCR

$0

Rent

-$1,144

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

$62,850

Downpayment

20%

$37,000

Closing costs

1%

$1,850

Rehab

0%

$0

Furnishing

13%

$24,000

Cashflow

Total Income

$0

Total Expenses

$1,144

Mortgage P&I

8870000%

$887

Property Taxes

1920000%

$192

Home Insurance

650000%

$65

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis