REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

8913 Bayberry Trl, Concord, NC 28027

3 beds • 3 baths • 3116 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.72% first-year return on $163k initial cash invested.

-18.72%

Cash On Cash

2.09%

Cap Rate

0.36

DSCR

$2,450

Rent

-$2,537

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

$163k

Downpayment

20%

$155k

Closing costs

1%

$7,744

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,450

Total Expenses

$4,987

Mortgage P&I

154%

$3,761

Property Taxes

13%

$310

Home Insurance

11%

$280

HOA

0%

$0

Property Management

10%

$245

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1105 Mistywood Ln, Concord, NC 28027

$2,900

3

3

2770

1.8 mi

10080 Paisley Dr, Charlotte, NC 28269

$1,700

3

3

2538

1.7 mi

131 Three Greens Dr, Huntersville, NC 28078

$2,349

3

2.5

2751

1.3 mi

9844 Shearwater Ave NW, Concord, NC 28027

$2,400

3

2.5

0.5 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis