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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 -13.82% first-year return on $114k initial cash invested.

-13.82%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$2,541

Rent

-$1,309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,541 income − $3,850 expenses = $1,309 out of pocket

Income$2,541Out of Pocket$1,309Mortgage P&I$2,25289%Property Taxes$2058%Insurance$1636%HOA$10Management$38115%CapEx$1024%Maintenance$1024%Other$63525%

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

$2,541

Total Expenses

$3,850

Mortgage P&I

89%

$2,252

Property Taxes

8%

$205

Home Insurance

6%

$163

HOA

0%

$10

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$635

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