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1800 Chestnut Ln, Matthews, NC 28104

3 beds • 4 baths • 4133 sqft

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This property looks like a bad Airbnb investment with a projected -24.87% first-year return on $201k initial cash invested.

-24.87%

Cash On Cash

0.52%

Cap Rate

0.09

DSCR

$2,306

Rent

-$4,169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,306 income − $6,475 expenses = $4,169 out of pocket

Income$2,306Out of Pocket$4,169Mortgage P&I$4,456193%Property Taxes$45820%Insurance$45520%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

|

Purchase Price

$872k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$174k

Closing costs

1%

$8,720

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,306

Total Expenses

$6,475

Mortgage P&I

193%

$4,456

Property Taxes

20%

$458

Home Insurance

20%

$455

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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