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$2,698 (target)

1507 Troon Dr, Salisbury, NC 28144

3 beds • 2 baths • 1474 sqft

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This property looks like a bad Mid-Term investment with a projected -1.51% first-year return on $71,739 initial cash invested.

-1.51%

Cash On Cash

6.83%

Cap Rate

1.01

DSCR

$2,698

Rent

-$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,698 income − $2,788 expenses = $90 out of pocket

Income$2,698Out of Pocket$90Mortgage P&I$1,43953%Property Taxes$29011%Insurance$913%HOA$502%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,739

Downpayment

20%

$51,180

Closing costs

1%

$2,559

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,698

Total Expenses

$2,788

Mortgage P&I

53%

$1,439

Property Taxes

11%

$290

Home Insurance

3%

$91

HOA

2%

$50

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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