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2636 Ellington St NW, Concord, NC 28027

3 beds • 2 baths • 1926 sqft

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This property looks like a bad Mid-Term investment with a projected -4.93% first-year return on $109k initial cash invested.

-4.93%

Cash On Cash

5.03%

Cap Rate

0.86

DSCR

$3,538

Rent

-$446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,300

Closing costs

1%

$4,315

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,538

Total Expenses

$3,984

Mortgage P&I

60%

$2,113

Property Taxes

9%

$330

Home Insurance

4%

$154

HOA

5%

$183

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$389

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