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 Long-Term investment with a projected -15.15% first-year return on $221k initial cash invested.
-15.15%
Cash On Cash
3.83%
Cap Rate
0.57
DSCR
$4,929
Rent
-$2,793
Cashflow
Cash Flow
$4,929 income − $7,722 expenses = $2,793 out of pocket
Investment Breakdown
|
Purchase Price
$1053k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$221k
Downpayment
20%
$211k
Closing costs
1%
$10,532
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,929
Total Expenses
$7,722
Mortgage P&I
120%
$5,906
Property Taxes
3%
$152
Home Insurance
8%
$383
HOA
0%
$0
Property Management
10%
$493
CapEx
5%
$246
Vacancy
6%
$296
Maintenance
5%
$246
Other
0%
$0