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$3,831 (target)

1 Laurel Grove Dr, Simpsonville, SC 29681

3 beds • 4 baths • 2451 sqft

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This property looks like a bad Mid-Term investment with a projected -7.87% first-year return on $142k initial cash invested.

-7.87%

Cash On Cash

4.39%

Cap Rate

0.73

DSCR

$3,831

Rent

-$935

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,831 income − $4,766 expenses = $935 out of pocket

Income$3,831Out of Pocket$935Mortgage P&I$2,95077%Property Taxes$2466%Insurance$2146%HOA$541%Management$46012%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42111%

Investment Breakdown

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Purchase Price

$593k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$119k

Closing costs

1%

$5,928

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,831

Total Expenses

$4,766

Mortgage P&I

77%

$2,950

Property Taxes

6%

$246

Home Insurance

6%

$214

HOA

1%

$54

Property Management

12%

$460

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$421

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