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1041 Chaucery Ln, Matthews, NC 28104

3 beds • 3 baths • 1788 sqft

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This property looks like a bad Airbnb investment with a projected -6.42% first-year return on $104k initial cash invested.

-6.42%

Cash On Cash

4.62%

Cap Rate

0.79

DSCR

$3,489

Rent

-$558

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,140

Closing costs

1%

$4,107

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,489

Total Expenses

$4,047

Mortgage P&I

57%

$1,998

Property Taxes

7%

$229

Home Insurance

4%

$135

HOA

0%

$10

Property Management

15%

$523

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$872

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