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$3,453 (target)

205 Dornoch Dr, Matthews, NC 28104

3 beds • 2 baths • 2384 sqft

$1,166,200

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This property looks like a bad Long-Term investment with a projected -19.54% first-year return on $245k initial cash invested.

-19.54%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$3,453

Rent

-$3,988

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,453 income − $7,441 expenses = $3,988 out of pocket

Income$3,453Out of Pocket$3,988Mortgage P&I$5,803168%Property Taxes$3209%Insurance$42012%Management$34510%CapEx$1735%Vacancy$2076%Maintenance$1735%

Investment Breakdown

|

Purchase Price

$1166k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$245k

Downpayment

20%

$233k

Closing costs

1%

$11,662

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,453

Total Expenses

$7,441

Mortgage P&I

168%

$5,803

Property Taxes

9%

$320

Home Insurance

12%

$420

HOA

0%

$0

Property Management

10%

$345

CapEx

5%

$173

Vacancy

6%

$207

Maintenance

5%

$173

Other

0%

$0

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