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$2,092 (target)

1630 Grace Church Rd, Salisbury, NC 28147

3 beds • 2 baths • 1189 sqft

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This property looks like a bad Mid-Term investment with a projected -1.87% first-year return on $73,860 initial cash invested.

-1.87%

Cash On Cash

5.8%

Cap Rate

0.98

DSCR

$2,092

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,092 income − $2,207 expenses = $115 out of pocket

Income$2,092Out of Pocket$115Mortgage P&I$1,31663%Property Taxes$864%Insurance$934%Management$25112%CapEx$844%Vacancy$633%Maintenance$844%Other$23011%

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,860

Downpayment

20%

$53,200

Closing costs

1%

$2,660

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,092

Total Expenses

$2,207

Mortgage P&I

63%

$1,316

Property Taxes

4%

$86

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$251

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$230

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