REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2600 Lakewood Dr, Gastonia, NC 28052

3 beds • 3 baths • 1984 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.88% first-year return on $87,363 initial cash invested.

-7.88%

Cash On Cash

4.19%

Cap Rate

0.71

DSCR

$2,749

Rent

-$574

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,363

Downpayment

20%

$66,060

Closing costs

1%

$3,303

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,749

Total Expenses

$3,323

Mortgage P&I

59%

$1,618

Property Taxes

9%

$250

Home Insurance

5%

$136

HOA

0%

$0

Property Management

15%

$412

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$687

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis