REI Lense

REI Lense

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$1,368 (target)

1 Kenilworth Ave, Sumter, SC 29150

3 beds • 2 baths • 1442 sqft

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This property looks like a bad Long-Term investment with a projected -9.98% first-year return on $57,141 initial cash invested.

-9.98%

Cash On Cash

4.07%

Cap Rate

0.69

DSCR

$1,368

Rent

-$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,368 income − $1,843 expenses = $475 out of pocket

Income$1,368Out of Pocket$475Mortgage P&I$1,32997%Property Taxes$635%Insurance$967%Management$13710%CapEx$685%Vacancy$826%Maintenance$685%

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,141

Downpayment

20%

$54,420

Closing costs

1%

$2,721

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,368

Total Expenses

$1,843

Mortgage P&I

97%

$1,329

Property Taxes

5%

$63

Home Insurance

7%

$96

HOA

0%

$0

Property Management

10%

$137

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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