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$2,702 (target)

3895 Rock Hill Church Rd, Concord, NC 28027

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Mid-Term investment with a projected -0.74% first-year return on $79,824 initial cash invested.

-0.74%

Cash On Cash

6.4%

Cap Rate

1.04

DSCR

$2,702

Rent

-$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,702 income − $2,751 expenses = $49 out of pocket

Income$2,702Out of Pocket$49Mortgage P&I$1,51056%Property Taxes$2198%Insurance$1044%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,824

Downpayment

20%

$58,880

Closing costs

1%

$2,944

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,702

Total Expenses

$2,751

Mortgage P&I

56%

$1,510

Property Taxes

8%

$219

Home Insurance

4%

$104

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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