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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 -19.97% first-year return on $138k initial cash invested.

-19.97%

Cash On Cash

1.22%

Cap Rate

0.21

DSCR

$2,217

Rent

-$2,297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,217 income − $4,514 expenses = $2,297 out of pocket

Income$2,217Out of Pocket$2,297Mortgage P&I$2,789126%Property Taxes$40018%Insurance$2059%HOA$552%Management$33315%CapEx$894%Maintenance$894%Other$55425%

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

$2,217

Total Expenses

$4,514

Mortgage P&I

126%

$2,789

Property Taxes

18%

$400

Home Insurance

9%

$205

HOA

2%

$55

Property Management

15%

$333

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$554

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