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2606 Saddlewood Cir SW, Concord, NC 28027

3 beds • 2 baths • 1614 sqft

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This property looks like a bad Airbnb investment with a projected -5.84% first-year return on $87,300 initial cash invested.

-5.84%

Cash On Cash

4.83%

Cap Rate

0.81

DSCR

$3,072

Rent

-$425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,072

Total Expenses

$3,497

Mortgage P&I

53%

$1,630

Property Taxes

9%

$262

Home Insurance

4%

$130

HOA

0%

$0

Property Management

15%

$461

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$768

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