REI Lense

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$1,777 (target)

11048 Ferncliff Dr, Seneca, SC 29678

3 beds • 2 baths • 1508 sqft

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This property looks like a bad Long-Term investment with a projected -4.49% first-year return on $54,495 initial cash invested.

-4.49%

Cash On Cash

5.33%

Cap Rate

0.91

DSCR

$1,777

Rent

-$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,777 income − $1,981 expenses = $204 out of pocket

Income$1,777Out of Pocket$204Mortgage P&I$1,26771%Property Taxes$1589%Insurance$935%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,495

Downpayment

20%

$51,900

Closing costs

1%

$2,595

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,777

Total Expenses

$1,981

Mortgage P&I

71%

$1,267

Property Taxes

9%

$158

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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