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$3,862 (target)

27243 Equestrian Dr, Salisbury, MD 21801

3 beds • 3 baths • 2109 sqft

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This property looks like a bad Mid-Term investment with a projected -3.96% first-year return on $123k initial cash invested.

-3.96%

Cash On Cash

5.32%

Cap Rate

0.9

DSCR

$3,862

Rent

-$405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,862 income − $4,267 expenses = $405 out of pocket

Income$3,862Out of Pocket$405Mortgage P&I$2,46364%Property Taxes$2827%Insurance$1755%HOA$351%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,862

Total Expenses

$4,267

Mortgage P&I

64%

$2,463

Property Taxes

7%

$282

Home Insurance

5%

$175

HOA

1%

$35

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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