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900 E John St, Matthews, NC 28105

3 beds • 2 baths • 1249 sqft

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This property might be a fair Airbnb investment with a projected 1.21% first-year return on $86,250 initial cash invested.

1.21%

Cash On Cash

6.68%

Cap Rate

1.15

DSCR

$3,866

Rent

$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,866

Total Expenses

$3,779

Mortgage P&I

41%

$1,567

Property Taxes

6%

$220

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$580

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$966

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