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$3,166 (target)

517 Willamette Dr, Salisbury, NC 28146

3 beds • 3 baths • 1810 sqft

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This property might be a fair Mid-Term investment with a projected 0.01% first-year return on $85,515 initial cash invested.

0.01%

Cash On Cash

6.59%

Cap Rate

1.08

DSCR

$3,166

Rent

$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,166 income − $3,165 expenses = $1 cash flow

Income$3,166Mortgage P&I$1,63852%Property Taxes$2869%Insurance$1144%HOA$502%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$1

Investment Breakdown

|

Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,515

Downpayment

20%

$64,300

Closing costs

1%

$3,215

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,166

Total Expenses

$3,165

Mortgage P&I

52%

$1,638

Property Taxes

9%

$286

Home Insurance

4%

$114

HOA

2%

$50

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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