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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 Airbnb investment with a projected -29.51% first-year return on $191k initial cash invested.

-29.51%

Cash On Cash

-0.88%

Cap Rate

-0.15

DSCR

$2,647

Rent

-$4,702

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

$2,647

Total Expenses

$7,349

Mortgage P&I

151%

$3,993

Property Taxes

68%

$1,796

Home Insurance

11%

$289

HOA

0%

$0

Property Management

15%

$397

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$662

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