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124 Bonner Rd, Spartanburg, SC 29303

4 beds • 4 baths • 1702 sqft • 2 units

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This property might be a fair Mid-Term investment with a projected 9.15% first-year return on $75,177 initial cash invested.

9.15%

Cash On Cash

9.5%

Cap Rate

1.56

DSCR

$3,060

Rent

$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,060 income − $2,487 expenses = $573 cash flow

Income$3,060Mortgage P&I$1,23440%Property Taxes$1254%Insurance$883%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33711%Cash Flow$573

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,177

Downpayment

20%

$48,740

Closing costs

1%

$2,437

Rehab

0%

$0

Furnishing

10%

$24,000

Cashflow

Total Income

$3,060

Total Expenses

$2,487

Mortgage P&I

40%

$1,234

Property Taxes

4%

$125

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$337

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