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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 -12.57% first-year return on $110k initial cash invested.

-12.57%

Cash On Cash

3.14%

Cap Rate

0.52

DSCR

$2,614

Rent

-$1,156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,614 income − $3,770 expenses = $1,156 out of pocket

Income$2,614Out of Pocket$1,156Mortgage P&I$2,20184%Property Taxes$1596%Insurance$1546%Management$39215%CapEx$1054%Maintenance$1054%Other$65425%

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

$2,614

Total Expenses

$3,770

Mortgage P&I

84%

$2,201

Property Taxes

6%

$159

Home Insurance

6%

$154

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$654

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