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5441 Grayson Ridge Ct, Gastonia, NC 28056

3 beds • 3 baths • 2752 sqft

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This property looks like a bad Airbnb investment with a projected -18.22% first-year return on $164k initial cash invested.

-18.22%

Cash On Cash

1.75%

Cap Rate

0.3

DSCR

$3,200

Rent

-$2,491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$696k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$139k

Closing costs

1%

$6,955

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,200

Total Expenses

$5,691

Mortgage P&I

106%

$3,378

Property Taxes

16%

$520

Home Insurance

8%

$245

HOA

0%

$12

Property Management

15%

$480

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$800

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