REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,718 (target)

1237 Redeemer Dr, Hanahan, SC 29410

3 beds • 2 baths • 1059 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.97% first-year return on $89,400 initial cash invested.

6.97%

Cash On Cash

8.24%

Cap Rate

1.4

DSCR

$3,718

Rent

$519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,718 income − $3,199 expenses = $519 cash flow

Income$3,718Mortgage P&I$1,66645%Property Taxes$1494%Insurance$1193%Management$44612%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$40911%Cash Flow$519

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,718

Total Expenses

$3,199

Mortgage P&I

45%

$1,666

Property Taxes

4%

$149

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis