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$3,801 (target)

188 Fairhaven Dr, Salisbury, NC 28146

3 beds • 4 baths • 2339 sqft

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This property looks like a bad Mid-Term investment with a projected -4.38% first-year return on $123k initial cash invested.

-4.38%

Cash On Cash

5.38%

Cap Rate

0.88

DSCR

$3,801

Rent

-$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,801 income − $4,251 expenses = $450 out of pocket

Income$3,801Out of Pocket$450Mortgage P&I$2,54567%Property Taxes$2366%Insurance$1785%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%

Investment Breakdown

|

Purchase Price

$502k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,016

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,801

Total Expenses

$4,251

Mortgage P&I

67%

$2,545

Property Taxes

6%

$236

Home Insurance

5%

$178

HOA

0%

$0

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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