REI Lense

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$1,768 (target)

1001 Loch Lomond Cir, Concord, NC 28025

3 beds • 2 baths • 1311 sqft

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This property looks like a bad Long-Term investment with a projected -11.12% first-year return on $69,279 initial cash invested.

-11.12%

Cash On Cash

3.97%

Cap Rate

0.66

DSCR

$1,768

Rent

-$642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,768 income − $2,410 expenses = $642 out of pocket

Income$1,768Out of Pocket$642Mortgage P&I$1,64593%Property Taxes$17210%Insurance$1167%HOA$181%Management$17710%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,768

Total Expenses

$2,410

Mortgage P&I

93%

$1,645

Property Taxes

10%

$172

Home Insurance

7%

$116

HOA

1%

$18

Property Management

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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