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1313 Lonnie Cir, Mount Pleasant, SC 29464

3 beds • 2 baths • 1438 sqft

$1,309,900

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This property looks like a bad Long-Term investment with a projected -19.69% first-year return on $275k initial cash invested.

-19.69%

Cash On Cash

2.31%

Cap Rate

0.37

DSCR

$4,900

Rent

-$4,513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1310k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$275k

Downpayment

20%

$262k

Closing costs

1%

$13,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,900

Total Expenses

$9,413

Mortgage P&I

138%

$6,785

Property Taxes

18%

$873

Home Insurance

10%

$481

HOA

0%

$0

Property Management

10%

$490

CapEx

5%

$245

Vacancy

6%

$294

Maintenance

5%

$245

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1431 Glencoe Dr, Mount Pleasant, SC 29464

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2

1450

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717 Azalea St, Mount Pleasant, SC 29464

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3

2

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0.3 mi

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$4,300

3

2

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0.4 mi

1155 Lazy Lane Ct, Mount Pleasant, SC 29464

$3,800

3

2

1395

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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