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2509 Gardner St, Gastonia, NC 28056

3 beds • 2 baths • 1445 sqft

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This property might be a fair Airbnb investment with a projected 1.69% first-year return on $75,099 initial cash invested.

1.69%

Cash On Cash

6.97%

Cap Rate

1.18

DSCR

$3,239

Rent

$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,239 income − $3,133 expenses = $106 cash flow

Income$3,239Mortgage P&I$1,34441%Property Taxes$1364%Insurance$973%Management$48615%CapEx$1304%Maintenance$1304%Other$81025%Cash Flow$106

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,099

Downpayment

20%

$54,380

Closing costs

1%

$2,719

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,239

Total Expenses

$3,133

Mortgage P&I

41%

$1,344

Property Taxes

4%

$136

Home Insurance

3%

$97

HOA

0%

$0

Property Management

15%

$486

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$810

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