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$2,652 (target)

1001 Loch Lomond Cir, Concord, NC 28025

3 beds • 2 baths • 1311 sqft

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This property looks like a bad Mid-Term investment with a projected -2.76% first-year return on $87,279 initial cash invested.

-2.76%

Cash On Cash

5.64%

Cap Rate

0.94

DSCR

$2,652

Rent

-$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,652 income − $2,853 expenses = $201 out of pocket

Income$2,652Out of Pocket$201Mortgage P&I$1,64562%Property Taxes$1726%Insurance$1164%HOA$181%Management$31812%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29211%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,652

Total Expenses

$2,853

Mortgage P&I

62%

$1,645

Property Taxes

6%

$172

Home Insurance

4%

$116

HOA

1%

$18

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

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