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208 W Lafayette St, Salisbury, NC 28144

3 beds • 3 baths • 1620 sqft

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This property might be a fair Airbnb investment with a projected 5.29% first-year return on $64,473 initial cash invested.

5.29%

Cash On Cash

8.57%

Cap Rate

1.36

DSCR

$3,269

Rent

$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$221k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,473

Downpayment

20%

$44,260

Closing costs

1%

$2,213

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,269

Total Expenses

$2,985

Mortgage P&I

36%

$1,166

Property Taxes

5%

$171

Home Insurance

2%

$79

HOA

0%

$0

Property Management

15%

$490

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$817

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