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$2,666 (target)

11048 Ferncliff Dr, Seneca, SC 29678

3 beds • 2 baths • 1508 sqft

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This property might be a fair Mid-Term investment with a projected 3.99% first-year return on $72,495 initial cash invested.

3.99%

Cash On Cash

7.47%

Cap Rate

1.27

DSCR

$2,666

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $2,425 expenses = $241 cash flow

Income$2,666Mortgage P&I$1,26748%Property Taxes$1586%Insurance$933%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%Cash Flow$241

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,495

Downpayment

20%

$51,900

Closing costs

1%

$2,595

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,666

Total Expenses

$2,425

Mortgage P&I

48%

$1,267

Property Taxes

6%

$158

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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