REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,780 (target)

985 Sundance Dr, Gastonia, NC 28054

3 beds • 3 baths • 1582 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $76,653 initial cash invested.

1.1%

Cash On Cash

6.75%

Cap Rate

1.13

DSCR

$2,780

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,653

Downpayment

20%

$55,860

Closing costs

1%

$2,793

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,780

Total Expenses

$2,710

Mortgage P&I

50%

$1,390

Property Taxes

9%

$248

Home Insurance

3%

$94

HOA

1%

$33

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$306

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis