REI Lense

REI Lense

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$2,400 (target)

1105 Woodside Dr, Salisbury, NC 28146

3 beds • 2 baths • 1343 sqft

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This property might be a fair Mid-Term investment with a projected 0.4% first-year return on $75,120 initial cash invested.

0.4%

Cash On Cash

6.43%

Cap Rate

1.09

DSCR

$2,400

Rent

$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,120

Downpayment

20%

$54,400

Closing costs

1%

$2,720

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,400

Total Expenses

$2,375

Mortgage P&I

56%

$1,336

Property Taxes

5%

$125

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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