REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,560 (target)

330 Holly Ave, Salisbury, NC 28147

3 beds • 2 baths • 1552 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.3% first-year return on $65,040 initial cash invested.

3.3%

Cash On Cash

8.34%

Cap Rate

1.22

DSCR

$2,560

Rent

$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $2,381 expenses = $179 cash flow

Income$2,560Mortgage P&I$1,27650%Property Taxes$1556%Insurance$803%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%Cash Flow$179

Investment Breakdown

|

Purchase Price

$224k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,040

Downpayment

20%

$44,800

Closing costs

1%

$2,240

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$2,381

Mortgage P&I

50%

$1,276

Property Taxes

6%

$155

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis