REI Lense

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$1,885 (target)

1 Berry Tree Ct, Greer, SC 29651

3 beds • 3 baths • 1570 sqft

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This property looks like a bad Long-Term investment with a projected -13.78% first-year return on $91,119 initial cash invested.

-13.78%

Cash On Cash

3.49%

Cap Rate

0.57

DSCR

$1,885

Rent

-$1,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,885 income − $2,931 expenses = $1,046 out of pocket

Income$1,885Out of Pocket$1,046Mortgage P&I$2,213117%Property Taxes$714%Insurance$1588%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,119

Downpayment

20%

$86,780

Closing costs

1%

$4,339

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,885

Total Expenses

$2,931

Mortgage P&I

117%

$2,213

Property Taxes

4%

$71

Home Insurance

8%

$158

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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