REI Lense

REI Lense

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$2,012 (target)

109 Harrison Rd, Easley, SC 29642

3 beds • 2 baths • 1894 sqft

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This property looks like a bad Long-Term investment with a projected -18.93% first-year return on $91,623 initial cash invested.

-18.93%

Cash On Cash

2.57%

Cap Rate

0.41

DSCR

$2,012

Rent

-$1,445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,012 income − $3,457 expenses = $1,445 out of pocket

Income$2,012Out of Pocket$1,445Mortgage P&I$2,279113%Property Taxes$49725%Insurance$1578%Management$20110%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,623

Downpayment

20%

$87,260

Closing costs

1%

$4,363

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,012

Total Expenses

$3,457

Mortgage P&I

113%

$2,279

Property Taxes

25%

$497

Home Insurance

8%

$157

HOA

0%

$0

Property Management

10%

$201

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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