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4531 Rocky River Rd, Concord, NC 28027

3 beds • 2 baths • 1280 sqft

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This property looks like a bad Airbnb investment with a projected -7.97% first-year return on $87,279 initial cash invested.

-7.97%

Cash On Cash

4.25%

Cap Rate

0.71

DSCR

$2,511

Rent

-$580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,511 income − $3,091 expenses = $580 out of pocket

Income$2,511Out of Pocket$580Mortgage P&I$1,64866%Property Taxes$1225%Insurance$1165%Management$37715%CapEx$1004%Maintenance$1004%Other$62825%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,511

Total Expenses

$3,091

Mortgage P&I

66%

$1,648

Property Taxes

5%

$122

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$628

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