REI Lense

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$2,165 (target)

102 Terrace Cir, Simpsonville, SC 29681

3 beds • 2 baths • 2350 sqft

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This property looks like a bad Long-Term investment with a projected -11.99% first-year return on $99,750 initial cash invested.

-11.99%

Cash On Cash

3.65%

Cap Rate

0.62

DSCR

$2,165

Rent

-$997

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,165 income − $3,162 expenses = $997 out of pocket

Income$2,165Out of Pocket$997Mortgage P&I$2,333108%Property Taxes$1015%Insurance$1668%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,750

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,165

Total Expenses

$3,162

Mortgage P&I

108%

$2,333

Property Taxes

5%

$101

Home Insurance

8%

$166

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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