REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,845 (target)

715 Candlewick Dr, Salisbury, NC 28147

3 beds • 3 baths • 2703 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.58% first-year return on $95,445 initial cash invested.

-6.58%

Cash On Cash

4.9%

Cap Rate

0.83

DSCR

$2,845

Rent

-$523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,845 income − $3,368 expenses = $523 out of pocket

Income$2,845Out of Pocket$523Mortgage P&I$2,23579%Property Taxes$2268%Insurance$1686%Management$28410%CapEx$1425%Vacancy$1716%Maintenance$1425%

Investment Breakdown

|

Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,445

Downpayment

20%

$90,900

Closing costs

1%

$4,545

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,845

Total Expenses

$3,368

Mortgage P&I

79%

$2,235

Property Taxes

8%

$226

Home Insurance

6%

$168

HOA

0%

$0

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis