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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 Airbnb investment with a projected -17.04% first-year return on $138k initial cash invested.

-17.04%

Cash On Cash

1.98%

Cap Rate

0.34

DSCR

$2,862

Rent

-$1,960

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

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,715

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$4,822

Mortgage P&I

97%

$2,789

Property Taxes

14%

$400

Home Insurance

7%

$205

HOA

2%

$55

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$716

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