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$2,426 (target)

667 Niblick Dr, Gastonia, NC 28054

3 beds • 2 baths • 1130 sqft

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This property might be a fair Mid-Term investment with a projected 8.02% first-year return on $57,879 initial cash invested.

8.02%

Cash On Cash

9.46%

Cap Rate

1.48

DSCR

$2,426

Rent

$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,426 income − $2,039 expenses = $387 cash flow

Income$2,426Mortgage P&I$1,01342%Property Taxes$1356%Insurance$663%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26711%Cash Flow$387

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$2,039

Mortgage P&I

42%

$1,013

Property Taxes

6%

$135

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$267

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