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$3,720 (target)

311 N Deerfield Cir, Salisbury, NC 28147

3 beds • 3 baths • 2516 sqft

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This property looks like a bad Mid-Term investment with a projected -1.85% first-year return on $114k initial cash invested.

-1.85%

Cash On Cash

5.86%

Cap Rate

0.99

DSCR

$3,720

Rent

-$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,720 income − $3,895 expenses = $175 out of pocket

Income$3,720Out of Pocket$175Mortgage P&I$2,25261%Property Taxes$2056%Insurance$1634%HOA$10Management$44612%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$40911%

Investment Breakdown

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Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,100

Closing costs

1%

$4,555

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,720

Total Expenses

$3,895

Mortgage P&I

61%

$2,252

Property Taxes

6%

$205

Home Insurance

4%

$163

HOA

0%

$10

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

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