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120 Chapel Ct, Salisbury, NC 28147

3 beds • 2 baths • 1464 sqft

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This property might be a fair Mid-Term investment with a projected 2.83% first-year return on $67,833 initial cash invested.

2.83%

Cash On Cash

7.46%

Cap Rate

1.21

DSCR

$2,390

Rent

$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$237k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,833

Downpayment

20%

$47,460

Closing costs

1%

$2,373

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,390

Total Expenses

$2,230

Mortgage P&I

51%

$1,220

Property Taxes

5%

$112

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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