REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2819 Cedar Chase Dr, Matthews, NC 28105

3 beds • 2 baths • 1315 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.61% first-year return on $92,676 initial cash invested.

-3.61%

Cash On Cash

5.6%

Cap Rate

0.92

DSCR

$3,549

Rent

-$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,549 income − $3,828 expenses = $279 out of pocket

Income$3,549Out of Pocket$279Mortgage P&I$1,79551%Property Taxes$2046%Insurance$1264%Management$53215%CapEx$1424%Maintenance$1424%Other$88725%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,676

Downpayment

20%

$71,120

Closing costs

1%

$3,556

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,549

Total Expenses

$3,828

Mortgage P&I

51%

$1,795

Property Taxes

6%

$204

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$532

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$887

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis