REI Lense

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$1,827 (target)

1305 Scout Rd, Salisbury, NC 28146

3 beds • 2 baths • 1234 sqft

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This property looks like a bad Long-Term investment with a projected -7.21% first-year return on $62,097 initial cash invested.

-7.21%

Cash On Cash

5%

Cap Rate

0.81

DSCR

$1,827

Rent

-$373

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,827 income − $2,200 expenses = $373 out of pocket

Income$1,827Out of Pocket$373Mortgage P&I$1,51383%Property Taxes$1086%Insurance$1046%Management$18310%CapEx$915%Vacancy$1106%Maintenance$915%

Investment Breakdown

|

Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,097

Downpayment

20%

$59,140

Closing costs

1%

$2,957

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,827

Total Expenses

$2,200

Mortgage P&I

83%

$1,513

Property Taxes

6%

$108

Home Insurance

6%

$104

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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