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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 Long-Term investment with a projected -9.32% first-year return on $86,247 initial cash invested.

-9.32%

Cash On Cash

4.22%

Cap Rate

0.72

DSCR

$2,300

Rent

-$670

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

$86,247

Downpayment

20%

$82,140

Closing costs

1%

$4,107

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,300

Total Expenses

$2,970

Mortgage P&I

87%

$1,998

Property Taxes

10%

$229

Home Insurance

6%

$135

HOA

0%

$10

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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