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14040 Hackamore Dr, Matthews, NC 28105

3 beds • 3 baths • 2000 sqft

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This property looks like a bad Airbnb investment with a projected -8.45% first-year return on $114k initial cash invested.

-8.45%

Cash On Cash

4.11%

Cap Rate

0.7

DSCR

$3,578

Rent

-$802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$457k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,320

Closing costs

1%

$4,566

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,578

Total Expenses

$4,380

Mortgage P&I

62%

$2,221

Property Taxes

6%

$213

Home Insurance

4%

$157

HOA

2%

$72

Property Management

15%

$537

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$894

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