REI Lense

REI Lense

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$2,430 (target)

1248 Century Dr, Clover, SC 29710

3 beds • 3 baths • 1989 sqft

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This property looks like a bad Long-Term investment with a projected -7.1% first-year return on $77,385 initial cash invested.

-7.1%

Cash On Cash

4.86%

Cap Rate

0.82

DSCR

$2,430

Rent

-$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,430 income − $2,888 expenses = $458 out of pocket

Income$2,430Out of Pocket$458Mortgage P&I$1,82975%Property Taxes$26811%Insurance$1315%HOA$271%Management$24310%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,385

Downpayment

20%

$73,700

Closing costs

1%

$3,685

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,430

Total Expenses

$2,888

Mortgage P&I

75%

$1,829

Property Taxes

11%

$268

Home Insurance

5%

$131

HOA

1%

$27

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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