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300 W 11th Ave, Gastonia, NC 28052

3 beds • 3 baths • 2405 sqft

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This property looks like a bad Mid-Term investment with a projected -7.39% first-year return on $111k initial cash invested.

-7.39%

Cash On Cash

4.33%

Cap Rate

0.74

DSCR

$2,986

Rent

-$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,660

Closing costs

1%

$4,433

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$3,670

Mortgage P&I

73%

$2,166

Property Taxes

11%

$333

Home Insurance

5%

$157

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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