REI Lense

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$1,679 (target)

505 Robinson St, Salisbury, MD 21801

3 beds • 2 baths • 1152 sqft

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This property looks like a bad Long-Term investment with a projected -0.35% first-year return on $45,150 initial cash invested.

-0.35%

Cash On Cash

6.54%

Cap Rate

1.06

DSCR

$1,679

Rent

-$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,679 income − $1,692 expenses = $13 out of pocket

Income$1,679Out of Pocket$13Mortgage P&I$1,10166%Property Taxes$795%Insurance$754%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,679

Total Expenses

$1,692

Mortgage P&I

66%

$1,101

Property Taxes

5%

$79

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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