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402 Easy St, Concord, NC 28027

3 beds • 2 baths • 1250 sqft

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This property looks like a bad Long-Term investment with a projected -5.93% first-year return on $52,773 initial cash invested.

-5.93%

Cash On Cash

5.46%

Cap Rate

0.87

DSCR

$1,774

Rent

-$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,773

Downpayment

20%

$50,260

Closing costs

1%

$2,513

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,774

Total Expenses

$2,035

Mortgage P&I

74%

$1,315

Property Taxes

11%

$198

Home Insurance

3%

$61

HOA

0%

$0

Property Management

10%

$177

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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