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4368 Mackenzie Ct SW, Concord, NC 28027

3 beds • 3 baths • 2426 sqft

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This property looks like a bad Airbnb investment with a projected -13.02% first-year return on $108k initial cash invested.

-13.02%

Cash On Cash

3.04%

Cap Rate

0.51

DSCR

$2,856

Rent

-$1,173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,856 income − $4,029 expenses = $1,173 out of pocket

Income$2,856Out of Pocket$1,173Mortgage P&I$2,14775%Property Taxes$2699%Insurance$1867%HOA$572%Management$42815%CapEx$1144%Maintenance$1144%Other$71425%

Investment Breakdown

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Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,840

Closing costs

1%

$4,292

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,856

Total Expenses

$4,029

Mortgage P&I

75%

$2,147

Property Taxes

9%

$269

Home Insurance

7%

$186

HOA

2%

$57

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$714

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