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3960 Troon Dr SW, Concord, NC 28027

3 beds • 2 baths • 2501 sqft

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This property looks like a bad Long-Term investment with a projected -16.67% first-year return on $120k initial cash invested.

-16.67%

Cash On Cash

2.61%

Cap Rate

0.45

DSCR

$2,407

Rent

-$1,667

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$572k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$114k

Closing costs

1%

$5,715

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,407

Total Expenses

$4,074

Mortgage P&I

116%

$2,789

Property Taxes

17%

$400

Home Insurance

9%

$205

HOA

2%

$55

Property Management

10%

$241

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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