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2410 Sandlewood Dr, Gastonia, NC 28054

3 beds • 2 baths • 2572 sqft

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This property looks like a bad Airbnb investment with a projected -11.25% first-year return on $99,417 initial cash invested.

-11.25%

Cash On Cash

3.49%

Cap Rate

0.58

DSCR

$2,776

Rent

-$932

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,776 income − $3,708 expenses = $932 out of pocket

Income$2,776Out of Pocket$932Mortgage P&I$1,95070%Property Taxes$28610%Insurance$1405%Management$41615%CapEx$1114%Maintenance$1114%Other$69425%

Investment Breakdown

|

Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,417

Downpayment

20%

$77,540

Closing costs

1%

$3,877

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,776

Total Expenses

$3,708

Mortgage P&I

70%

$1,950

Property Taxes

10%

$286

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$694

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