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$4,269 (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 Mid-Term investment with a projected -10.07% first-year return on $179k initial cash invested.

-10.07%

Cash On Cash

3.84%

Cap Rate

0.65

DSCR

$4,269

Rent

-$1,503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,269 income − $5,772 expenses = $1,503 out of pocket

Income$4,269Out of Pocket$1,503Mortgage P&I$3,78789%Property Taxes$2185%Insurance$3157%Management$51212%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47011%

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

$4,269

Total Expenses

$5,772

Mortgage P&I

89%

$3,787

Property Taxes

5%

$218

Home Insurance

7%

$315

HOA

0%

$0

Property Management

12%

$512

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$470

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