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607 Bethany Rd, Gastonia, NC 28052

3 beds • 2 baths • 1558 sqft

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This property looks like a bad Airbnb investment with a projected -12.31% first-year return on $110k initial cash invested.

-12.31%

Cash On Cash

3.21%

Cap Rate

0.53

DSCR

$2,656

Rent

-$1,132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,656 income − $3,788 expenses = $1,132 out of pocket

Income$2,656Out of Pocket$1,132Mortgage P&I$2,20183%Property Taxes$1596%Insurance$1546%Management$39815%CapEx$1064%Maintenance$1064%Other$66425%

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,656

Total Expenses

$3,788

Mortgage P&I

83%

$2,201

Property Taxes

6%

$159

Home Insurance

6%

$154

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$664

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