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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 -8.26% first-year return on $87,279 initial cash invested.

-8.26%

Cash On Cash

4.17%

Cap Rate

0.7

DSCR

$2,472

Rent

-$601

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,472 income − $3,073 expenses = $601 out of pocket

Income$2,472Out of Pocket$601Mortgage P&I$1,64867%Property Taxes$1225%Insurance$1165%Management$37115%CapEx$994%Maintenance$994%Other$61825%

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

$2,472

Total Expenses

$3,073

Mortgage P&I

67%

$1,648

Property Taxes

5%

$122

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$618

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