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369 Georgia St SW, Concord, NC 28025

3 beds • 2 baths • 1333 sqft

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This property looks like a bad Airbnb investment with a projected -2.25% first-year return on $86,250 initial cash invested.

-2.25%

Cash On Cash

5.88%

Cap Rate

0.98

DSCR

$3,105

Rent

-$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,105

Total Expenses

$3,267

Mortgage P&I

53%

$1,630

Property Taxes

1%

$33

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$466

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$776

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