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$6,382 (target)

1231 Center Lake Dr, Mount Pleasant, SC 29464

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $163k initial cash invested.

2.37%

Cash On Cash

6.98%

Cap Rate

1.17

DSCR

$6,382

Rent

$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,382 income − $6,061 expenses = $321 cash flow

Income$6,382Mortgage P&I$3,42654%Property Taxes$2183%Insurance$2484%Management$76612%CapEx$2554%Vacancy$1913%Maintenance$2554%Other$70211%Cash Flow$321

Investment Breakdown

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Purchase Price

$689k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,885

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,382

Total Expenses

$6,061

Mortgage P&I

54%

$3,426

Property Taxes

3%

$218

Home Insurance

4%

$248

HOA

0%

$0

Property Management

12%

$766

CapEx

4%

$255

Vacancy

3%

$191

Maintenance

4%

$255

Other

11%

$702

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