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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 Mid-Term investment with a projected -13.15% first-year return on $162k initial cash invested.

-13.15%

Cash On Cash

2.96%

Cap Rate

0.51

DSCR

$3,102

Rent

-$1,773

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$3,102

Total Expenses

$4,875

Mortgage P&I

108%

$3,338

Property Taxes

8%

$243

Home Insurance

8%

$240

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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