REI Lense

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$3,248 (target)

102 Terrace Cir, Simpsonville, SC 29681

3 beds • 2 baths • 2350 sqft

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This property looks like a bad Mid-Term investment with a projected -4.65% first-year return on $118k initial cash invested.

-4.65%

Cash On Cash

5.07%

Cap Rate

0.86

DSCR

$3,248

Rent

-$456

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,248 income − $3,704 expenses = $456 out of pocket

Income$3,248Out of Pocket$456Mortgage P&I$2,33372%Property Taxes$1013%Insurance$1665%Management$39012%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,248

Total Expenses

$3,704

Mortgage P&I

72%

$2,333

Property Taxes

3%

$101

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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