REI Lense

REI Lense

$2,796 (target)

1138 Springdale Cir, Boiling Springs, SC 29316

3 beds • 2 baths • 1344 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.87% first-year return on $72,180 initial cash invested.

3.87%

Cash On Cash

8.07%

Cap Rate

1.25

DSCR

$2,796

Rent

$233

Cashflow

Cash Flow

$2,796 income − $2,563 expenses = $233 cash flow

Income$2,796P&I$1,39050%Taxes$1305%Insurance$913%Mgmt$33612%CapEx$1124%Vacancy$843%Maint.$1124%Other$30811%Cash Flow$233

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,180

Downpayment

20%

$51,600

Closing costs

1%

$2,580

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,796

Total Expenses

$2,563

Mortgage P&I

50%

$1,390

Property Taxes

5%

$130

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

See Boiling Springs, SC mid-term rental market →

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis