REI Lense

REI Lense

Unlock all features! Tap here to upgrade

503 Gunby Rd, Salisbury, MD 21804

3 beds • 2 baths • 1508 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.29% first-year return on $71,592 initial cash invested.

-3.29%

Cash On Cash

5.57%

Cap Rate

0.92

DSCR

$2,502

Rent

-$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,502 income − $2,698 expenses = $196 out of pocket

Income$2,502Out of Pocket$196Mortgage P&I$1,28051%Property Taxes$1265%Insurance$914%Management$37515%CapEx$1004%Maintenance$1004%Other$62625%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,592

Downpayment

20%

$51,040

Closing costs

1%

$2,552

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,502

Total Expenses

$2,698

Mortgage P&I

51%

$1,280

Property Taxes

5%

$126

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$375

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$626

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis