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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 -6.16% first-year return on $79,866 initial cash invested.

-6.16%

Cash On Cash

4.77%

Cap Rate

0.79

DSCR

$2,629

Rent

-$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,629 income − $3,039 expenses = $410 out of pocket

Income$2,629Out of Pocket$410Mortgage P&I$1,47556%Property Taxes$1636%Insurance$1405%Management$39415%CapEx$1054%Maintenance$1054%Other$65725%

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

$2,629

Total Expenses

$3,039

Mortgage P&I

56%

$1,475

Property Taxes

6%

$163

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$657

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