REI Lense

REI Lense

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$1,484 (target)

104 Kirklen Ln, Taylors, SC 29687

3 beds • 2 baths • 1854 sqft

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This property looks like a bad Long-Term investment with a projected -14.64% first-year return on $81,333 initial cash invested.

-14.64%

Cash On Cash

3.18%

Cap Rate

0.53

DSCR

$1,484

Rent

-$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,484 income − $2,476 expenses = $992 out of pocket

Income$1,484Out of Pocket$992Mortgage P&I$1,943131%Property Taxes$81%Insurance$1409%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,333

Downpayment

20%

$77,460

Closing costs

1%

$3,873

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,484

Total Expenses

$2,476

Mortgage P&I

131%

$1,943

Property Taxes

1%

$8

Home Insurance

9%

$140

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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