REI Lense

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$3,252 (target)

1017 Harness Trl, Simpsonville, SC 29681

3 beds • 3 baths • 2074 sqft

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This property looks like a bad Mid-Term investment with a projected -2.63% first-year return on $109k initial cash invested.

-2.63%

Cash On Cash

5.51%

Cap Rate

0.95

DSCR

$3,252

Rent

-$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,080

Closing costs

1%

$4,354

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,252

Total Expenses

$3,492

Mortgage P&I

65%

$2,111

Property Taxes

4%

$117

Home Insurance

5%

$158

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

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