REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,950 (target)

105 Hidden Spring Dr, Salisbury, NC 28147

3 beds • 2 baths • 1646 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.81% first-year return on $73,395 initial cash invested.

-9.81%

Cash On Cash

4.27%

Cap Rate

0.71

DSCR

$1,950

Rent

-$600

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,950 income − $2,550 expenses = $600 out of pocket

Income$1,950Out of Pocket$600Mortgage P&I$1,74790%Property Taxes$1658%Insurance$1307%Management$19510%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,395

Downpayment

20%

$69,900

Closing costs

1%

$3,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,950

Total Expenses

$2,550

Mortgage P&I

90%

$1,747

Property Taxes

8%

$165

Home Insurance

7%

$130

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis