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5356 Zion Church Rd, Concord, NC 28025

3 beds • 3 baths • 3175 sqft

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This property looks like a bad Airbnb investment with a projected -17.33% first-year return on $152k initial cash invested.

-17.33%

Cash On Cash

1.89%

Cap Rate

0.32

DSCR

$2,579

Rent

-$2,190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$127k

Closing costs

1%

$6,362

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,579

Total Expenses

$4,769

Mortgage P&I

120%

$3,090

Property Taxes

8%

$213

Home Insurance

9%

$228

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$645

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Comparable Property

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Beds

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3

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3

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3

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4

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2

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2

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5

4

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2

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$2,850

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