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822 Rubens Rd SW, Concord, NC 28027

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Airbnb investment with a projected -8.01% first-year return on $83,016 initial cash invested.

-8.01%

Cash On Cash

4.26%

Cap Rate

0.71

DSCR

$2,600

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $3,154 expenses = $554 out of pocket

Income$2,600Out of Pocket$554Mortgage P&I$1,54960%Property Taxes$2369%Insurance$1215%Management$39015%CapEx$1044%Maintenance$1044%Other$65025%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,016

Downpayment

20%

$61,920

Closing costs

1%

$3,096

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,600

Total Expenses

$3,154

Mortgage P&I

60%

$1,549

Property Taxes

9%

$236

Home Insurance

5%

$121

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$650

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