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2709 Stockwood Dr, Gastonia, NC 28056

3 beds • 3 baths • 1590 sqft

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This property looks like a bad Airbnb investment with a projected -7.43% first-year return on $91,794 initial cash invested.

-7.43%

Cash On Cash

4.51%

Cap Rate

0.75

DSCR

$2,889

Rent

-$568

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $3,457 expenses = $568 out of pocket

Income$2,889Out of Pocket$568Mortgage P&I$1,77461%Property Taxes$1706%Insurance$1264%Management$43315%CapEx$1164%Maintenance$1164%Other$72225%

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,794

Downpayment

20%

$70,280

Closing costs

1%

$3,514

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$3,457

Mortgage P&I

61%

$1,774

Property Taxes

6%

$170

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$433

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$722

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