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$2,394 (target)

103 Laws Ln, Piedmont, SC 29673

3 beds • 3 baths • 1100 sqft

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This property might be a fair Mid-Term investment with a projected 6.75% first-year return on $65,586 initial cash invested.

6.75%

Cash On Cash

8.27%

Cap Rate

1.42

DSCR

$2,394

Rent

$369

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $2,025 expenses = $369 cash flow

Income$2,394Mortgage P&I$1,09646%Property Taxes$351%Insurance$803%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$369

Investment Breakdown

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Purchase Price

$227k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,586

Downpayment

20%

$45,320

Closing costs

1%

$2,266

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,394

Total Expenses

$2,025

Mortgage P&I

46%

$1,096

Property Taxes

1%

$35

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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