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5719 Lewis Rd, Gastonia, NC 28052

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Airbnb investment with a projected -5.33% first-year return on $75,246 initial cash invested.

-5.33%

Cash On Cash

4.96%

Cap Rate

0.83

DSCR

$2,456

Rent

-$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,456 income − $2,790 expenses = $334 out of pocket

Income$2,456Out of Pocket$334Mortgage P&I$1,36355%Property Taxes$1516%Insurance$984%Management$36815%CapEx$984%Maintenance$984%Other$61425%

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,246

Downpayment

20%

$54,520

Closing costs

1%

$2,726

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,456

Total Expenses

$2,790

Mortgage P&I

56%

$1,363

Property Taxes

6%

$151

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$614

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