REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,480 (target)

311 N Deerfield Cir, Salisbury, NC 28147

3 beds • 3 baths • 2516 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.97% first-year return on $95,655 initial cash invested.

-9.97%

Cash On Cash

4.17%

Cap Rate

0.7

DSCR

$2,480

Rent

-$795

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,480 income − $3,275 expenses = $795 out of pocket

Income$2,480Out of Pocket$795Mortgage P&I$2,25291%Property Taxes$2058%Insurance$1637%HOA$10Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

|

Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,655

Downpayment

20%

$91,100

Closing costs

1%

$4,555

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,480

Total Expenses

$3,275

Mortgage P&I

91%

$2,252

Property Taxes

8%

$205

Home Insurance

7%

$163

HOA

0%

$10

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis