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$3,698 (target)

10416 Doylestown Rd, Matthews, NC 28105

3 beds • 3 baths • 2653 sqft

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This property might be a fair Mid-Term investment with a projected 0.78% first-year return on $102k initial cash invested.

0.78%

Cash On Cash

6.66%

Cap Rate

1.11

DSCR

$3,698

Rent

$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,698 income − $3,632 expenses = $66 cash flow

Income$3,698Mortgage P&I$2,00754%Property Taxes$2276%Insurance$1404%Management$44412%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40711%Cash Flow$66

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,698

Total Expenses

$3,632

Mortgage P&I

54%

$2,007

Property Taxes

6%

$227

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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