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667 Niblick Dr, Gastonia, NC 28054

3 beds • 2 baths • 1130 sqft

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This property might be a fair Airbnb investment with a projected 5.39% first-year return on $57,879 initial cash invested.

5.39%

Cash On Cash

8.76%

Cap Rate

1.37

DSCR

$2,838

Rent

$260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,838 income − $2,578 expenses = $260 cash flow

Income$2,838Mortgage P&I$1,01336%Property Taxes$1355%Insurance$662%Management$42615%CapEx$1144%Maintenance$1144%Other$71025%Cash Flow$260

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

$2,838

Total Expenses

$2,578

Mortgage P&I

36%

$1,013

Property Taxes

5%

$135

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$710

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