REI Lense

REI Lense

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$1,872 (target)

1036 Macala Dr., Conway, SC 29527

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -7.44% first-year return on $53,088 initial cash invested.

-7.44%

Cash On Cash

4.85%

Cap Rate

0.81

DSCR

$1,872

Rent

-$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,088

Downpayment

20%

$50,560

Closing costs

1%

$2,528

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,872

Total Expenses

$2,201

Mortgage P&I

67%

$1,257

Property Taxes

18%

$336

Home Insurance

5%

$89

HOA

2%

$32

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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