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6351 Clarisse Dr SW, Concord, NC 28025

4 beds • 3 baths • 2530 sqft

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This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $95,151 initial cash invested.

-11.53%

Cash On Cash

3.84%

Cap Rate

0.65

DSCR

$2,473

Rent

-$914

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,151

Downpayment

20%

$90,620

Closing costs

1%

$4,531

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,473

Total Expenses

$3,387

Mortgage P&I

91%

$2,241

Property Taxes

14%

$337

Home Insurance

7%

$166

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$124

Vacancy

6%

$148

Maintenance

5%

$124

Other

0%

$0

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