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2527 Heathershire Ln, Matthews, NC 28105

3 beds • 3 baths • 1664 sqft

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This property looks like a bad Airbnb investment with a projected -7.87% first-year return on $107k initial cash invested.

-7.87%

Cash On Cash

4.58%

Cap Rate

0.74

DSCR

$3,581

Rent

-$700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,581 income − $4,281 expenses = $700 out of pocket

Income$3,581Out of Pocket$700Mortgage P&I$2,16961%Property Taxes$2447%Insurance$1504%Management$53715%CapEx$1434%Maintenance$1434%Other$89525%

Investment Breakdown

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Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,460

Closing costs

1%

$4,223

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,581

Total Expenses

$4,281

Mortgage P&I

61%

$2,169

Property Taxes

7%

$244

Home Insurance

4%

$150

HOA

0%

$0

Property Management

15%

$537

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$895

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