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2120 Irish Potato Rd, Concord, NC 28025

3 beds • 2 baths • 1224 sqft

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This property might be a fair Airbnb investment with a projected 0.96% first-year return on $73,923 initial cash invested.

0.96%

Cash On Cash

6.68%

Cap Rate

1.14

DSCR

$3,047

Rent

$59

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,923

Downpayment

20%

$53,260

Closing costs

1%

$2,663

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,047

Total Expenses

$2,988

Mortgage P&I

43%

$1,301

Property Taxes

4%

$130

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$762

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