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$2,462 (target)

2601 Lynn Dr, Gastonia, NC 28054

3 beds • 2 baths • 1338 sqft

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This property looks like a bad Mid-Term investment with a projected -1.56% first-year return on $75,246 initial cash invested.

-1.56%

Cash On Cash

6.07%

Cap Rate

1

DSCR

$2,462

Rent

-$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,462 income − $2,560 expenses = $98 out of pocket

Income$2,462Out of Pocket$98Mortgage P&I$1,37856%Property Taxes$24110%Insurance$1054%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27111%

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,246

Downpayment

20%

$54,520

Closing costs

1%

$2,726

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,462

Total Expenses

$2,560

Mortgage P&I

56%

$1,378

Property Taxes

10%

$241

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$271

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