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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 -7.26% first-year return on $87,279 initial cash invested.

-7.26%

Cash On Cash

4.45%

Cap Rate

0.74

DSCR

$2,611

Rent

-$528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,611 income − $3,139 expenses = $528 out of pocket

Income$2,611Out of Pocket$528Mortgage P&I$1,64863%Property Taxes$1225%Insurance$1164%Management$39215%CapEx$1044%Maintenance$1044%Other$65325%

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

$2,611

Total Expenses

$3,139

Mortgage P&I

63%

$1,648

Property Taxes

5%

$122

Home Insurance

4%

$116

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$653

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