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$2,644 (target)

1310 Old Fort Rd, Moncks Corner, SC 29461

3 beds • 2 baths • 2012 sqft

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This property looks like a bad Mid-Term investment with a projected -4.87% first-year return on $95,301 initial cash invested.

-4.87%

Cash On Cash

5.23%

Cap Rate

0.85

DSCR

$2,644

Rent

-$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,644 income − $3,031 expenses = $387 out of pocket

Income$2,644Out of Pocket$387Mortgage P&I$1,88571%Property Taxes$903%Insurance$1576%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%

Investment Breakdown

|

Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,301

Downpayment

20%

$73,620

Closing costs

1%

$3,681

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,644

Total Expenses

$3,031

Mortgage P&I

71%

$1,885

Property Taxes

3%

$90

Home Insurance

6%

$157

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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