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$3,819 (target)

4384 Triumph Dr SW, Concord, NC 28027

3 beds • 2 baths • 2578 sqft

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This property looks like a bad Mid-Term investment with a projected -6.19% first-year return on $117k initial cash invested.

-6.19%

Cash On Cash

5.3%

Cap Rate

0.82

DSCR

$3,819

Rent

-$602

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,819 income − $4,421 expenses = $602 out of pocket

Income$3,819Out of Pocket$602Mortgage P&I$2,52566%Property Taxes$37310%Insurance$1644%HOA$602%Management$45812%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42011%

Investment Breakdown

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Purchase Price

$470k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,000

Closing costs

1%

$4,700

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,819

Total Expenses

$4,421

Mortgage P&I

66%

$2,525

Property Taxes

10%

$373

Home Insurance

4%

$164

HOA

2%

$60

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$420

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