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$2,738 (target)

1270 Old Stone House Rd, Salisbury, NC 28146

3 beds • 2 baths • 1912 sqft

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This property might be a fair Mid-Term investment with a projected 2.21% first-year return on $77,178 initial cash invested.

2.21%

Cash On Cash

7.23%

Cap Rate

1.17

DSCR

$2,738

Rent

$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,738 income − $2,596 expenses = $142 cash flow

Income$2,738Mortgage P&I$1,44553%Property Taxes$1184%Insurance$1014%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30111%Cash Flow$142

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,178

Downpayment

20%

$56,360

Closing costs

1%

$2,818

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,738

Total Expenses

$2,596

Mortgage P&I

53%

$1,445

Property Taxes

4%

$118

Home Insurance

4%

$101

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$301

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