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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 -20.76% first-year return on $179k initial cash invested.

-20.76%

Cash On Cash

1.22%

Cap Rate

0.21

DSCR

$2,347

Rent

-$3,100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,347 income − $5,447 expenses = $3,100 out of pocket

Income$2,347Out of Pocket$3,100Mortgage P&I$3,787161%Property Taxes$2189%Insurance$31513%Management$35215%CapEx$944%Maintenance$944%Other$58725%

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

$2,347

Total Expenses

$5,447

Mortgage P&I

161%

$3,787

Property Taxes

9%

$218

Home Insurance

13%

$315

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$587

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