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120 Chapel Ct, Salisbury, NC 28147

3 beds • 2 baths • 1464 sqft

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This property looks like a bad Long-Term investment with a projected -5.73% first-year return on $49,833 initial cash invested.

-5.73%

Cash On Cash

5.37%

Cap Rate

0.87

DSCR

$1,593

Rent

-$238

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

$49,833

Downpayment

20%

$47,460

Closing costs

1%

$2,373

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,593

Total Expenses

$1,831

Mortgage P&I

77%

$1,220

Property Taxes

7%

$112

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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