REI Lense

REI Lense

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$2,274 (target)

1298 Carradine Rd, Seneca, SC 29678

3 beds • 3 baths • sqft

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This property looks like a bad Long-Term investment with a projected -5.47% first-year return on $75,873 initial cash invested.

-5.47%

Cash On Cash

5.14%

Cap Rate

0.87

DSCR

$2,274

Rent

-$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,274 income − $2,620 expenses = $346 out of pocket

Income$2,274Out of Pocket$346Mortgage P&I$1,78078%Property Taxes$1205%Insurance$1296%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,873

Downpayment

20%

$72,260

Closing costs

1%

$3,613

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,274

Total Expenses

$2,620

Mortgage P&I

78%

$1,780

Property Taxes

5%

$120

Home Insurance

6%

$129

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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