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101 Forest Meadow Ln, Salisbury, NC 28144

3 beds • 2 baths • 1031 sqft

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This property looks like a bad Airbnb investment with a projected -0.36% first-year return on $70,710 initial cash invested.

-0.36%

Cash On Cash

6.15%

Cap Rate

1.07

DSCR

$2,552

Rent

-$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,710

Downpayment

20%

$50,200

Closing costs

1%

$2,510

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,552

Total Expenses

$2,573

Mortgage P&I

47%

$1,205

Property Taxes

2%

$55

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$638

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