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1260 Gap Creek Rd, Lyman, SC 29365

3 beds • 3 baths • 2021 sqft

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This property looks like a bad Mid-Term investment with a projected -1.67% first-year return on $111k initial cash invested.

-1.67%

Cash On Cash

5.71%

Cap Rate

0.99

DSCR

$3,387

Rent

-$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,387

Total Expenses

$3,542

Mortgage P&I

63%

$2,139

Property Taxes

3%

$96

Home Insurance

5%

$156

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$373

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