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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 Long-Term investment with a projected -26.28% first-year return on $173k initial cash invested.

-26.28%

Cash On Cash

0.51%

Cap Rate

0.09

DSCR

$3,087

Rent

-$3,793

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

$173k

Downpayment

20%

$165k

Closing costs

1%

$8,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,087

Total Expenses

$6,880

Mortgage P&I

129%

$3,993

Property Taxes

58%

$1,796

Home Insurance

9%

$289

HOA

0%

$0

Property Management

10%

$309

CapEx

5%

$154

Vacancy

6%

$185

Maintenance

5%

$154

Other

0%

$0

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