REI Lense

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$1,974 (target)

115 Avery Woods Dr., Longs, SC 29568

3 beds • 2 baths • 1390 sqft

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This property looks like a bad Long-Term investment with a projected -7.79% first-year return on $66,255 initial cash invested.

-7.79%

Cash On Cash

4.86%

Cap Rate

0.79

DSCR

$1,974

Rent

-$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,974 income − $2,404 expenses = $430 out of pocket

Income$1,974Out of Pocket$430Mortgage P&I$1,61082%Property Taxes$955%Insurance$1106%HOA$764%Management$19710%CapEx$995%Vacancy$1186%Maintenance$995%

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,255

Downpayment

20%

$63,100

Closing costs

1%

$3,155

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,974

Total Expenses

$2,404

Mortgage P&I

82%

$1,610

Property Taxes

5%

$95

Home Insurance

6%

$110

HOA

4%

$76

Property Management

10%

$197

CapEx

5%

$99

Vacancy

6%

$118

Maintenance

5%

$99

Other

0%

$0

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