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5033 Waxhaw Indian Trail Rd, Matthews, NC 28104

3 beds • 4 baths • 3556 sqft

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This property looks like a bad Airbnb investment with a projected -22.84% first-year return on $179k initial cash invested.

-22.84%

Cash On Cash

0.7%

Cap Rate

0.12

DSCR

$1,751

Rent

-$3,410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,751 income − $5,161 expenses = $3,410 out of pocket

Income$1,751Out of Pocket$3,410Mortgage P&I$3,787216%Property Taxes$21812%Insurance$31518%Management$26315%CapEx$704%Maintenance$704%Other$43825%

Investment Breakdown

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Purchase Price

$768k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$154k

Closing costs

1%

$7,675

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,751

Total Expenses

$5,161

Mortgage P&I

216%

$3,787

Property Taxes

12%

$218

Home Insurance

18%

$315

HOA

0%

$0

Property Management

15%

$263

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$438

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