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$2,846 (target)

5033 Waxhaw Indian Trail Rd, Matthews, NC 28104

3 beds • 4 baths • 3556 sqft

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This property looks like a bad Long-Term investment with a projected -16.48% first-year return on $161k initial cash invested.

-16.48%

Cash On Cash

2.68%

Cap Rate

0.45

DSCR

$2,846

Rent

-$2,214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $5,060 expenses = $2,214 out of pocket

Income$2,846Out of Pocket$2,214Mortgage P&I$3,787133%Property Taxes$2188%Insurance$31511%Management$28510%CapEx$1425%Vacancy$1716%Maintenance$1425%

Investment Breakdown

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Purchase Price

$768k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$154k

Closing costs

1%

$7,675

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,846

Total Expenses

$5,060

Mortgage P&I

133%

$3,787

Property Taxes

8%

$218

Home Insurance

11%

$315

HOA

0%

$0

Property Management

10%

$285

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

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