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7008 Brookgreen Ter, Matthews, NC 28104

3 beds • 3 baths • 1591 sqft

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This property looks like a bad Airbnb investment with a projected -9.19% first-year return on $101k initial cash invested.

-9.19%

Cash On Cash

3.99%

Cap Rate

0.67

DSCR

$3,049

Rent

-$774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,100

Closing costs

1%

$3,955

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,049

Total Expenses

$3,823

Mortgage P&I

65%

$1,967

Property Taxes

6%

$196

Home Insurance

5%

$140

HOA

2%

$57

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$762

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