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1070 Legion Club Rd, Salisbury, NC 28146

3 beds • 2 baths • 1464 sqft

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This property looks like a bad Airbnb investment with a projected -8.77% first-year return on $79,866 initial cash invested.

-8.77%

Cash On Cash

4%

Cap Rate

0.67

DSCR

$2,296

Rent

-$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,296 income − $2,880 expenses = $584 out of pocket

Income$2,296Out of Pocket$584Mortgage P&I$1,47564%Property Taxes$1637%Insurance$1406%Management$34415%CapEx$924%Maintenance$924%Other$57425%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,866

Downpayment

20%

$58,920

Closing costs

1%

$2,946

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,296

Total Expenses

$2,880

Mortgage P&I

64%

$1,475

Property Taxes

7%

$163

Home Insurance

6%

$140

HOA

0%

$0

Property Management

15%

$344

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$574

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