REI Lense

REI Lense

Unlock all features! Tap here to upgrade

606 Townsend Ave, Gastonia, NC 28052

3 beds • 2 baths • 2025 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.61% first-year return on $91,500 initial cash invested.

-6.61%

Cash On Cash

4.69%

Cap Rate

0.78

DSCR

$3,046

Rent

-$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,046 income − $3,550 expenses = $504 out of pocket

Income$3,046Out of Pocket$504Mortgage P&I$1,75157%Property Taxes$2147%Insurance$1224%Management$45715%CapEx$1224%Maintenance$1224%Other$76225%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,046

Total Expenses

$3,550

Mortgage P&I

57%

$1,751

Property Taxes

7%

$214

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$762

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis