REI Lense

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$1,577 (target)

829 Vancouver Ln, Gastonia, NC 28052

3 beds • 2 baths • 1166 sqft

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This property looks like a bad Long-Term investment with a projected -7.43% first-year return on $46,830 initial cash invested.

-7.43%

Cash On Cash

5.41%

Cap Rate

0.83

DSCR

$1,577

Rent

-$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,577 income − $1,867 expenses = $290 out of pocket

Income$1,577Out of Pocket$290Mortgage P&I$1,21777%Property Taxes$16210%Insurance$775%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,830

Downpayment

20%

$44,600

Closing costs

1%

$2,230

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,577

Total Expenses

$1,867

Mortgage P&I

77%

$1,217

Property Taxes

10%

$162

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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