1117 Phillips Park Dr, Mount Pleasant, SC 29464
3 beds • 3 baths • 2060 sqft
$1,053,200
View on ZillowThis property looks like a bad Mid-Term investment with a projected -7.83% first-year return on $239k initial cash invested.
-7.83%
Cash On Cash
5.29%
Cap Rate
0.79
DSCR
$7,394
Rent
-$1,561
Cashflow
Cash Flow
$7,394 income − $8,955 expenses = $1,561 out of pocket
Investment Breakdown
|
Purchase Price
$1053k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$239k
Downpayment
20%
$211k
Closing costs
1%
$10,532
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,394
Total Expenses
$8,955
Mortgage P&I
80%
$5,906
Property Taxes
2%
$152
Home Insurance
5%
$383
HOA
0%
$0
Property Management
12%
$887
CapEx
4%
$296
Vacancy
3%
$222
Maintenance
4%
$296
Other
11%
$813