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$2,690 (target)

3306 Brighton Dr, Gastonia, NC 28052

3 beds • 2 baths • 1368 sqft

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This property looks like a bad Mid-Term investment with a projected -1.74% first-year return on $82,680 initial cash invested.

-1.74%

Cash On Cash

5.94%

Cap Rate

0.99

DSCR

$2,690

Rent

-$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,690 income − $2,810 expenses = $120 out of pocket

Income$2,690Out of Pocket$120Mortgage P&I$1,53657%Property Taxes$2238%Insurance$1104%HOA$251%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

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Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,680

Downpayment

20%

$61,600

Closing costs

1%

$3,080

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,690

Total Expenses

$2,810

Mortgage P&I

57%

$1,536

Property Taxes

8%

$223

Home Insurance

4%

$110

HOA

1%

$25

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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