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$3,398 (target)

3842 Sherrills Ford Rd, Salisbury, NC 28147

3 beds • 3 baths • 2353 sqft

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This property looks like a bad Mid-Term investment with a projected -14.37% first-year return on $161k initial cash invested.

-14.37%

Cash On Cash

3.17%

Cap Rate

0.5

DSCR

$3,398

Rent

-$1,925

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,398 income − $5,323 expenses = $1,925 out of pocket

Income$3,398Out of Pocket$1,925Mortgage P&I$3,585106%Property Taxes$34410%Insurance$2387%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%

Investment Breakdown

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Purchase Price

$680k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,800

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,398

Total Expenses

$5,323

Mortgage P&I

106%

$3,585

Property Taxes

10%

$344

Home Insurance

7%

$238

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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