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5009 Hemby Rd, Matthews, NC 28104

3 beds • 2 baths • 0 sqft

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This property looks like a bad Mid-Term investment with a projected -18.96% first-year return on $191k initial cash invested.

-18.96%

Cash On Cash

1.68%

Cap Rate

0.29

DSCR

$4,630

Rent

-$3,022

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$825k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$165k

Closing costs

1%

$8,249

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,630

Total Expenses

$7,652

Mortgage P&I

86%

$3,993

Property Taxes

39%

$1,796

Home Insurance

6%

$289

HOA

0%

$0

Property Management

12%

$556

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$509

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