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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 -14.66% first-year return on $110k initial cash invested.

-14.66%

Cash On Cash

2.61%

Cap Rate

0.43

DSCR

$2,525

Rent

-$1,346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,525 income − $3,871 expenses = $1,346 out of pocket

Income$2,525Out of Pocket$1,346Mortgage P&I$2,20187%Property Taxes$28411%Insurance$1566%HOA$181%Management$37915%CapEx$1014%Maintenance$1014%Other$63125%

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

$2,525

Total Expenses

$3,871

Mortgage P&I

87%

$2,201

Property Taxes

11%

$284

Home Insurance

6%

$156

HOA

1%

$18

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$631

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