REI Lense

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$4,030 (target)

9026 Crusaders Ct, Matthews, NC 28105

3 beds • 3 baths • 2211 sqft

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This property looks like a bad Mid-Term investment with a projected -2.51% first-year return on $117k initial cash invested.

-2.51%

Cash On Cash

5.99%

Cap Rate

0.97

DSCR

$4,030

Rent

-$245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,030 income − $4,275 expenses = $245 out of pocket

Income$4,030Out of Pocket$245Mortgage P&I$2,44461%Property Taxes$2657%Insurance$1684%HOA$281%Management$48412%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44311%

Investment Breakdown

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Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,620

Closing costs

1%

$4,731

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,030

Total Expenses

$4,275

Mortgage P&I

61%

$2,444

Property Taxes

7%

$265

Home Insurance

4%

$168

HOA

1%

$28

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

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