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$5,180 (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 Mid-Term investment with a projected -14.26% first-year return on $263k initial cash invested.

-14.26%

Cash On Cash

2.97%

Cap Rate

0.5

DSCR

$5,180

Rent

-$3,124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,180 income − $8,304 expenses = $3,124 out of pocket

Income$5,180Out of Pocket$3,124Mortgage P&I$5,803112%Property Taxes$3206%Insurance$4208%Management$62212%CapEx$2074%Vacancy$1553%Maintenance$2074%Other$57011%

Investment Breakdown

|

Purchase Price

$1166k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$263k

Downpayment

20%

$233k

Closing costs

1%

$11,662

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,180

Total Expenses

$8,304

Mortgage P&I

112%

$5,803

Property Taxes

6%

$320

Home Insurance

8%

$420

HOA

0%

$0

Property Management

12%

$622

CapEx

4%

$207

Vacancy

3%

$155

Maintenance

4%

$207

Other

11%

$570

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