REI Lense

REI Lense

Unlock all features! Tap here to upgrade

667 Niblick Dr, Gastonia, NC 28054

3 beds • 2 baths • 1130 sqft

Email

This property might be a fair Airbnb investment with a projected 8.5% first-year return on $57,879 initial cash invested.

8.5%

Cash On Cash

9.78%

Cap Rate

1.53

DSCR

$3,123

Rent

$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,123 income − $2,713 expenses = $410 cash flow

Income$3,123Mortgage P&I$1,01332%Property Taxes$1354%Insurance$662%Management$46815%CapEx$1254%Maintenance$1254%Other$78125%Cash Flow$410

Investment Breakdown

|

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

$3,123

Total Expenses

$2,713

Mortgage P&I

32%

$1,013

Property Taxes

4%

$135

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$468

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$781

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis