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650 Downshire Rd NW, Concord, NC 28027

4 beds • 3 baths • 2854 sqft

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This property looks like a bad Airbnb investment with a projected -13.47% first-year return on $175k initial cash invested.

-13.47%

Cash On Cash

2.93%

Cap Rate

0.49

DSCR

$3,752

Rent

-$1,963

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$719k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$144k

Closing costs

1%

$7,186

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$3,752

Total Expenses

$5,715

Mortgage P&I

95%

$3,566

Property Taxes

0%

$5

Home Insurance

7%

$252

HOA

2%

$91

Property Management

15%

$563

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$938

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