REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1347 Eisenhower Pl NW, Concord, NC 28027

3 beds • 2 baths • 1632 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.58% first-year return on $103k initial cash invested.

-15.58%

Cash On Cash

2.49%

Cap Rate

0.4

DSCR

$2,421

Rent

-$1,337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,421 income − $3,758 expenses = $1,337 out of pocket

Income$2,421Out of Pocket$1,337Mortgage P&I$2,07886%Property Taxes$30513%Insurance$1446%HOA$693%Management$36315%CapEx$974%Maintenance$974%Other$60525%

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,920

Closing costs

1%

$4,046

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,421

Total Expenses

$3,758

Mortgage P&I

86%

$2,078

Property Taxes

13%

$305

Home Insurance

6%

$144

HOA

3%

$69

Property Management

15%

$363

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$605

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis