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$2,033 (target)

1020 Rock Pond Ln, Salisbury, NC 28146

3 beds • 2 baths • 2051 sqft

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This property looks like a bad Long-Term investment with a projected -24.08% first-year return on $171k initial cash invested.

-24.08%

Cash On Cash

1.65%

Cap Rate

0.25

DSCR

$2,033

Rent

-$3,439

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,033 income − $5,472 expenses = $3,439 out of pocket

Income$2,033Out of Pocket$3,439Mortgage P&I$4,461219%Property Taxes$1849%Insurance$29815%Management$20310%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

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Purchase Price

$816k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$163k

Closing costs

1%

$8,161

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,033

Total Expenses

$5,472

Mortgage P&I

219%

$4,461

Property Taxes

9%

$184

Home Insurance

15%

$298

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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