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311 N Deerfield Cir, Salisbury, NC 28147

3 beds • 3 baths • 2516 sqft

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This property looks like a bad Airbnb investment with a projected -15.88% first-year return on $114k initial cash invested.

-15.88%

Cash On Cash

2.2%

Cap Rate

0.37

DSCR

$2,167

Rent

-$1,504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,167 income − $3,671 expenses = $1,504 out of pocket

Income$2,167Out of Pocket$1,504Mortgage P&I$2,252104%Property Taxes$2059%Insurance$1638%HOA$10Management$32515%CapEx$874%Maintenance$874%Other$54225%

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

$2,167

Total Expenses

$3,671

Mortgage P&I

104%

$2,252

Property Taxes

9%

$205

Home Insurance

8%

$163

HOA

0%

$10

Property Management

15%

$325

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$542

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