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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 Airbnb investment with a projected -24.27% first-year return on $263k initial cash invested.

-24.27%

Cash On Cash

0.6%

Cap Rate

0.1

DSCR

$2,356

Rent

-$5,317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,356 income − $7,673 expenses = $5,317 out of pocket

Income$2,356Out of Pocket$5,317Mortgage P&I$5,803246%Property Taxes$32014%Insurance$42018%Management$35315%CapEx$944%Maintenance$944%Other$58925%

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

$2,356

Total Expenses

$7,673

Mortgage P&I

246%

$5,803

Property Taxes

14%

$320

Home Insurance

18%

$420

HOA

0%

$0

Property Management

15%

$353

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$589

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