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220 Morgans Branch Rd, Gastonia, NC 28012

3 beds • 2 baths • 2232 sqft

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This property looks like a bad Long-Term investment with a projected -6.8% first-year return on $95,676 initial cash invested.

-6.8%

Cash On Cash

4.85%

Cap Rate

0.83

DSCR

$3,115

Rent

-$542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,676

Downpayment

20%

$91,120

Closing costs

1%

$4,556

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,115

Total Expenses

$3,657

Mortgage P&I

71%

$2,226

Property Taxes

12%

$388

Home Insurance

5%

$161

HOA

2%

$71

Property Management

10%

$312

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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