REI Lense

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$3,994 (target)

2005 Yellow Daisy Dr, Matthews, NC 28104

3 beds • 2 baths • 2209 sqft

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This property looks like a bad Mid-Term investment with a projected -2.54% first-year return on $116k initial cash invested.

-2.54%

Cash On Cash

5.93%

Cap Rate

0.96

DSCR

$3,994

Rent

-$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,994 income − $4,240 expenses = $246 out of pocket

Income$3,994Out of Pocket$246Mortgage P&I$2,39860%Property Taxes$2717%Insurance$1664%HOA$471%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%

Investment Breakdown

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Purchase Price

$468k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,520

Closing costs

1%

$4,676

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,994

Total Expenses

$4,240

Mortgage P&I

60%

$2,398

Property Taxes

7%

$271

Home Insurance

4%

$166

HOA

1%

$47

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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