REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

5994 Rocky River Rd, Concord, NC 28025

4 beds • 2 baths • 1858 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.18% first-year return on $92,652 initial cash invested.

-13.18%

Cash On Cash

3.41%

Cap Rate

0.58

DSCR

$1,990

Rent

-$1,018

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,652

Downpayment

20%

$88,240

Closing costs

1%

$4,412

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,990

Total Expenses

$3,008

Mortgage P&I

109%

$2,173

Property Taxes

8%

$159

Home Insurance

8%

$158

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$119

Maintenance

5%

$100

Other

0%

$0

Loading map...

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis