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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 8.09% first-year return on $57,879 initial cash invested.

8.09%

Cash On Cash

9.64%

Cap Rate

1.51

DSCR

$3,083

Rent

$390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,083 income − $2,693 expenses = $390 cash flow

Income$3,083Mortgage P&I$1,01333%Property Taxes$1354%Insurance$662%Management$46215%CapEx$1234%Maintenance$1234%Other$77125%Cash Flow$390

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

$3,083

Total Expenses

$2,693

Mortgage P&I

33%

$1,013

Property Taxes

4%

$135

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$771

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