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862 Loch Lomond Cir, Concord, NC 28025

3 beds • 2 baths • 1235 sqft

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This property looks like a bad Long-Term investment with a projected -10.16% first-year return on $66,465 initial cash invested.

-10.16%

Cash On Cash

4.07%

Cap Rate

0.69

DSCR

$1,735

Rent

-$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,465

Downpayment

20%

$63,300

Closing costs

1%

$3,165

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,735

Total Expenses

$2,298

Mortgage P&I

89%

$1,550

Property Taxes

10%

$168

Home Insurance

6%

$112

HOA

1%

$16

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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