REI Lense

REI Lense

Unlock all features! Tap here to upgrade

217 Robinson Ave, Matthews, NC 28104

3 beds • 2 baths • 1625 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.8% first-year return on $104k initial cash invested.

-9.8%

Cash On Cash

3.73%

Cap Rate

0.64

DSCR

$2,940

Rent

-$847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$408k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,620

Closing costs

1%

$4,081

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,940

Total Expenses

$3,787

Mortgage P&I

68%

$1,998

Property Taxes

8%

$227

Home Insurance

5%

$150

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$735

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis