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$1,760 (target)

1309 Virginia Acres, Florence, SC 29505

3 beds • 2 baths • 1474 sqft

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This property might be a fair Long-Term investment with a projected 4.76% first-year return on $37,317 initial cash invested.

4.76%

Cash On Cash

7.86%

Cap Rate

1.25

DSCR

$1,760

Rent

$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,760 income − $1,612 expenses = $148 cash flow

Income$1,760Mortgage P&I$92853%Property Taxes$17010%Insurance$563%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%Cash Flow$148

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,317

Downpayment

20%

$35,540

Closing costs

1%

$1,777

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,760

Total Expenses

$1,612

Mortgage P&I

53%

$928

Property Taxes

10%

$170

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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