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$2,979 (target)

503 Gunby Rd, Salisbury, MD 21804

3 beds • 2 baths • 1508 sqft

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This property might be a fair Mid-Term investment with a projected 7.88% first-year return on $71,592 initial cash invested.

7.88%

Cash On Cash

8.79%

Cap Rate

1.46

DSCR

$2,979

Rent

$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,979 income − $2,509 expenses = $470 cash flow

Income$2,979Mortgage P&I$1,28043%Property Taxes$1264%Insurance$913%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$470

Investment Breakdown

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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

$2,979

Total Expenses

$2,509

Mortgage P&I

43%

$1,280

Property Taxes

4%

$126

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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