REI Lense

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$2,546 (target)

4384 Triumph Dr SW, Concord, NC 28027

3 beds • 2 baths • 2578 sqft

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This property looks like a bad Long-Term investment with a projected -15.05% first-year return on $98,700 initial cash invested.

-15.05%

Cash On Cash

3.61%

Cap Rate

0.56

DSCR

$2,546

Rent

-$1,238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,546 income − $3,784 expenses = $1,238 out of pocket

Income$2,546Out of Pocket$1,238Mortgage P&I$2,52599%Property Taxes$37315%Insurance$1646%HOA$602%Management$25510%CapEx$1275%Vacancy$1536%Maintenance$1275%

Investment Breakdown

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Purchase Price

$470k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,700

Downpayment

20%

$94,000

Closing costs

1%

$4,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,546

Total Expenses

$3,784

Mortgage P&I

99%

$2,525

Property Taxes

15%

$373

Home Insurance

6%

$164

HOA

2%

$60

Property Management

10%

$255

CapEx

5%

$127

Vacancy

6%

$153

Maintenance

5%

$127

Other

0%

$0

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