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210 Southern Farm Rd, Gastonia, NC 28056

3 beds • 2 baths • 1928 sqft

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This property looks like a bad Airbnb investment with a projected -16.6% first-year return on $162k initial cash invested.

-16.6%

Cash On Cash

2.14%

Cap Rate

0.37

DSCR

$3,043

Rent

-$2,239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$685k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$137k

Closing costs

1%

$6,849

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,043

Total Expenses

$5,282

Mortgage P&I

110%

$3,338

Property Taxes

8%

$243

Home Insurance

8%

$240

HOA

0%

$0

Property Management

15%

$456

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$761

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$2,850

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