REI Lense

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$1,749 (target)

30464 Cannon Dr, Salisbury, MD 21804

3 beds • 2 baths • 1100 sqft

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This property looks like a bad Long-Term investment with a projected -3.58% first-year return on $52,647 initial cash invested.

-3.58%

Cash On Cash

5.81%

Cap Rate

0.95

DSCR

$1,749

Rent

-$157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,749 income − $1,906 expenses = $157 out of pocket

Income$1,749Out of Pocket$157Mortgage P&I$1,28473%Property Taxes$1167%Insurance$523%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,647

Downpayment

20%

$50,140

Closing costs

1%

$2,507

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,749

Total Expenses

$1,906

Mortgage P&I

73%

$1,284

Property Taxes

7%

$116

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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