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$4,066 (target)

241 Linville Dr, Matthews, NC 28105

3 beds • 3 baths • 2400 sqft

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This property looks like a bad Mid-Term investment with a projected -10.32% first-year return on $148k initial cash invested.

-10.32%

Cash On Cash

4.42%

Cap Rate

0.67

DSCR

$4,066

Rent

-$1,274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,066 income − $5,340 expenses = $1,274 out of pocket

Income$4,066Out of Pocket$1,274Mortgage P&I$3,39684%Property Taxes$3198%Insurance$2426%Management$48812%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44711%

Investment Breakdown

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Purchase Price

$620k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,199

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,066

Total Expenses

$5,340

Mortgage P&I

84%

$3,396

Property Taxes

8%

$319

Home Insurance

6%

$242

HOA

0%

$0

Property Management

12%

$488

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$447

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