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1020 Rock Pond Ln, Salisbury, NC 28146

3 beds • 2 baths • 2051 sqft

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This property looks like a bad Airbnb investment with a projected -22.84% first-year return on $189k initial cash invested.

-22.84%

Cash On Cash

1.41%

Cap Rate

0.21

DSCR

$2,574

Rent

-$3,605

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,574 income − $6,179 expenses = $3,605 out of pocket

Income$2,574Out of Pocket$3,605Mortgage P&I$4,461173%Property Taxes$1847%Insurance$29812%Management$38615%CapEx$1034%Maintenance$1034%Other$64425%

Investment Breakdown

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Purchase Price

$816k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$163k

Closing costs

1%

$8,161

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,574

Total Expenses

$6,179

Mortgage P&I

173%

$4,461

Property Taxes

7%

$184

Home Insurance

12%

$298

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

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