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$3,738 (target)

2527 Heathershire Ln, Matthews, NC 28105

3 beds • 3 baths • 1664 sqft

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This property looks like a bad Mid-Term investment with a projected -1.09% first-year return on $107k initial cash invested.

-1.09%

Cash On Cash

6.31%

Cap Rate

1.02

DSCR

$3,738

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,738 income − $3,835 expenses = $97 out of pocket

Income$3,738Out of Pocket$97Mortgage P&I$2,16958%Property Taxes$2447%Insurance$1504%Management$44912%CapEx$1504%Vacancy$1123%Maintenance$1504%Other$41111%

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

$3,738

Total Expenses

$3,835

Mortgage P&I

58%

$2,169

Property Taxes

7%

$244

Home Insurance

4%

$150

HOA

0%

$0

Property Management

12%

$449

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$411

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