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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 -12.72% first-year return on $110k initial cash invested.

-12.72%

Cash On Cash

3.09%

Cap Rate

0.52

DSCR

$2,584

Rent

-$1,170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,584 income − $3,754 expenses = $1,170 out of pocket

Income$2,584Out of Pocket$1,170Mortgage P&I$2,20185%Property Taxes$1596%Insurance$1546%Management$38815%CapEx$1034%Maintenance$1034%Other$64625%

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

$2,584

Total Expenses

$3,754

Mortgage P&I

85%

$2,201

Property Taxes

6%

$159

Home Insurance

6%

$154

HOA

0%

$0

Property Management

15%

$388

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$646

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