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2600 Lakewood Dr, Gastonia, NC 28052

3 beds • 3 baths • 1984 sqft

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This property looks like a bad Long-Term investment with a projected -7.39% first-year return on $69,363 initial cash invested.

-7.39%

Cash On Cash

4.72%

Cap Rate

0.8

DSCR

$2,132

Rent

-$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,363

Downpayment

20%

$66,060

Closing costs

1%

$3,303

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,132

Total Expenses

$2,559

Mortgage P&I

76%

$1,618

Property Taxes

12%

$250

Home Insurance

6%

$136

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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