REI Lense

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$2,456 (target)

635 Johns Ln, Gastonia, NC 28052

3 beds • 2 baths • 1059 sqft

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This property looks like a bad Mid-Term investment with a projected -0.26% first-year return on $75,246 initial cash invested.

-0.26%

Cash On Cash

6.37%

Cap Rate

1.06

DSCR

$2,456

Rent

-$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,456 income − $2,472 expenses = $16 out of pocket

Income$2,456Out of Pocket$16Mortgage P&I$1,36556%Property Taxes$1767%Insurance$964%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%

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

$2,472

Mortgage P&I

56%

$1,365

Property Taxes

7%

$176

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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