REI Lense

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$2,686 (target)

596 Maple Ridge Cir, Salisbury, NC 28147

3 beds • 3 baths • 2338 sqft

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This property looks like a bad Mid-Term investment with a projected -6.95% first-year return on $97,380 initial cash invested.

-6.95%

Cash On Cash

4.45%

Cap Rate

0.75

DSCR

$2,686

Rent

-$564

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,686 income − $3,250 expenses = $564 out of pocket

Income$2,686Out of Pocket$564Mortgage P&I$1,85869%Property Taxes$2439%Insurance$1927%HOA$452%Management$32212%CapEx$1074%Vacancy$813%Maintenance$1074%Other$29511%

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,380

Downpayment

20%

$75,600

Closing costs

1%

$3,780

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,686

Total Expenses

$3,250

Mortgage P&I

69%

$1,858

Property Taxes

9%

$243

Home Insurance

7%

$192

HOA

2%

$45

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$81

Maintenance

4%

$107

Other

11%

$295

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