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3970 Tenneyson Ct NW, Concord, NC 28027

3 beds • 3 baths • 2384 sqft

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This property looks like a bad Airbnb investment with a projected -15.32% first-year return on $110k initial cash invested.

-15.32%

Cash On Cash

2.43%

Cap Rate

0.4

DSCR

$2,407

Rent

-$1,407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,407 income − $3,814 expenses = $1,407 out of pocket

Income$2,407Out of Pocket$1,407Mortgage P&I$2,20191%Property Taxes$28412%Insurance$1566%HOA$181%Management$36115%CapEx$964%Maintenance$964%Other$60225%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,407

Total Expenses

$3,814

Mortgage P&I

91%

$2,201

Property Taxes

12%

$284

Home Insurance

6%

$156

HOA

1%

$18

Property Management

15%

$361

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$602

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