REI Lense

REI Lense

Unlock all features! Tap here to upgrade

205 Dornoch Dr, Matthews, NC 28104

3 beds • 2 baths • 2384 sqft

$1,166,200

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -23.9% first-year return on $263k initial cash invested.

-23.9%

Cash On Cash

0.69%

Cap Rate

0.11

DSCR

$2,511

Rent

-$5,237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,511 income − $7,748 expenses = $5,237 out of pocket

Income$2,511Out of Pocket$5,237Mortgage P&I$5,803231%Property Taxes$32013%Insurance$42017%Management$37715%CapEx$1004%Maintenance$1004%Other$62825%

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

$2,511

Total Expenses

$7,748

Mortgage P&I

231%

$5,803

Property Taxes

13%

$320

Home Insurance

17%

$420

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$628

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis