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$3,242 (target)

2601 Briar Trail Ct, Matthews, NC 28104

3 beds • 2 baths • 1280 sqft

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This property might be a fair Mid-Term investment with a projected 0.51% first-year return on $91,479 initial cash invested.

0.51%

Cash On Cash

6.77%

Cap Rate

1.09

DSCR

$3,242

Rent

$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,242 income − $3,203 expenses = $39 cash flow

Income$3,242Mortgage P&I$1,80556%Property Taxes$1715%Insurance$1244%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%Cash Flow$39

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,242

Total Expenses

$3,203

Mortgage P&I

56%

$1,805

Property Taxes

5%

$171

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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