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$2,028 (target)

370 Buck Dr, Salisbury, NC 28146

3 beds • 3 baths • 2330 sqft

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This property looks like a bad Long-Term investment with a projected -6.3% first-year return on $65,751 initial cash invested.

-6.3%

Cash On Cash

5.07%

Cap Rate

0.84

DSCR

$2,028

Rent

-$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,028 income − $2,373 expenses = $345 out of pocket

Income$2,028Out of Pocket$345Mortgage P&I$1,56677%Property Taxes$1316%Insurance$1497%Management$20310%CapEx$1015%Vacancy$1226%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,751

Downpayment

20%

$62,620

Closing costs

1%

$3,131

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,028

Total Expenses

$2,373

Mortgage P&I

77%

$1,566

Property Taxes

6%

$131

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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