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$3,654 (target)

1005 Feather Oak Ln, Matthews, NC 28104

3 beds • 2 baths • 1894 sqft

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This property looks like a bad Mid-Term investment with a projected -5.23% first-year return on $118k initial cash invested.

-5.23%

Cash On Cash

5.1%

Cap Rate

0.85

DSCR

$3,654

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,654 income − $4,167 expenses = $513 out of pocket

Income$3,654Out of Pocket$513Mortgage P&I$2,38365%Property Taxes$2768%Insurance$2005%HOA$662%Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,920

Closing costs

1%

$4,746

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,654

Total Expenses

$4,167

Mortgage P&I

65%

$2,383

Property Taxes

8%

$276

Home Insurance

5%

$200

HOA

2%

$66

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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