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$1,575 (target)

504 Washington St, Salisbury, MD 21804

3 beds • 2 baths • 1320 sqft

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This property looks like a bad Mid-Term investment with a projected -9.77% first-year return on $84,990 initial cash invested.

-9.77%

Cash On Cash

3.63%

Cap Rate

0.61

DSCR

$1,575

Rent

-$692

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,575 income − $2,267 expenses = $692 out of pocket

Income$1,575Out of Pocket$692Mortgage P&I$1,594101%Property Taxes$262%Insurance$1127%Management$18912%CapEx$634%Vacancy$473%Maintenance$634%Other$17311%

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,990

Downpayment

20%

$63,800

Closing costs

1%

$3,190

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,575

Total Expenses

$2,267

Mortgage P&I

101%

$1,594

Property Taxes

2%

$26

Home Insurance

7%

$112

HOA

0%

$0

Property Management

12%

$189

CapEx

4%

$63

Vacancy

3%

$47

Maintenance

4%

$63

Other

11%

$173

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