REI Lense

REI Lense

Unlock all features! Tap here to upgrade

101 Forest Meadow Ln, Salisbury, NC 28144

3 beds • 2 baths • 1031 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.17% first-year return on $70,710 initial cash invested.

-1.17%

Cash On Cash

5.9%

Cap Rate

1.02

DSCR

$2,459

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

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

$2,459

Total Expenses

$2,528

Mortgage P&I

49%

$1,205

Property Taxes

2%

$55

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$369

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$615

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis