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2159 Black Forest Cv, Concord, NC 28027

3 beds • 3 baths • 2322 sqft

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This property looks like a bad Long-Term investment with a projected -14.34% first-year return on $103k initial cash invested.

-14.34%

Cash On Cash

3.11%

Cap Rate

0.53

DSCR

$2,428

Rent

-$1,233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$491k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$98,240

Closing costs

1%

$4,912

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,428

Total Expenses

$3,661

Mortgage P&I

98%

$2,384

Property Taxes

16%

$388

Home Insurance

7%

$175

HOA

3%

$83

Property Management

10%

$243

CapEx

5%

$121

Vacancy

6%

$146

Maintenance

5%

$121

Other

0%

$0

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