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$3,664 (target)

3611 English Garden Dr, Gastonia, NC 28056

3 beds • 3 baths • 0 sqft

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This property looks like a bad Mid-Term investment with a projected -3.95% first-year return on $115k initial cash invested.

-3.95%

Cash On Cash

5.3%

Cap Rate

0.9

DSCR

$3,664

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,664 income − $4,043 expenses = $379 out of pocket

Income$3,664Out of Pocket$379Mortgage P&I$2,27462%Property Taxes$35810%Insurance$1644%Management$44012%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40311%

Investment Breakdown

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Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,500

Closing costs

1%

$4,625

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,664

Total Expenses

$4,043

Mortgage P&I

62%

$2,274

Property Taxes

10%

$358

Home Insurance

4%

$164

HOA

0%

$0

Property Management

12%

$440

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$403

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