REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

862 Loch Lomond Cir, Concord, NC 28025

3 beds • 2 baths • 1235 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.36% first-year return on $84,465 initial cash invested.

-6.36%

Cash On Cash

4.58%

Cap Rate

0.78

DSCR

$2,687

Rent

-$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,465

Downpayment

20%

$63,300

Closing costs

1%

$3,165

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,687

Total Expenses

$3,135

Mortgage P&I

58%

$1,550

Property Taxes

6%

$168

Home Insurance

4%

$112

HOA

1%

$16

Property Management

15%

$403

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$672

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis