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$3,147 (target)

777 Springdale Ln, Gastonia, NC 28052

3 beds • 3 baths • 2224 sqft

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This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $91,500 initial cash invested.

0.98%

Cash On Cash

6.74%

Cap Rate

1.11

DSCR

$3,147

Rent

$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,147 income − $3,072 expenses = $75 cash flow

Income$3,147Mortgage P&I$1,76556%Property Taxes$1154%Insurance$1224%Management$37812%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%Cash Flow$75

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,147

Total Expenses

$3,072

Mortgage P&I

56%

$1,765

Property Taxes

4%

$115

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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