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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 -14.84% first-year return on $114k initial cash invested.

-14.84%

Cash On Cash

2.48%

Cap Rate

0.42

DSCR

$2,353

Rent

-$1,406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,353 income − $3,759 expenses = $1,406 out of pocket

Income$2,353Out of Pocket$1,406Mortgage P&I$2,25296%Property Taxes$2059%Insurance$1637%HOA$10Management$35315%CapEx$944%Maintenance$944%Other$58825%

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

$2,353

Total Expenses

$3,759

Mortgage P&I

96%

$2,252

Property Taxes

9%

$205

Home Insurance

7%

$163

HOA

0%

$10

Property Management

15%

$353

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$588

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