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8913 Bayberry Trl, Concord, NC 28027

3 beds • 3 baths • 3116 sqft

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This property looks like a bad Airbnb investment with a projected -18.27% first-year return on $181k initial cash invested.

-18.27%

Cash On Cash

1.76%

Cap Rate

0.3

DSCR

$3,079

Rent

-$2,750

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$774k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,744

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,079

Total Expenses

$5,829

Mortgage P&I

122%

$3,761

Property Taxes

10%

$310

Home Insurance

9%

$280

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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