REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,496 (target)

133 Sunset Strip, Elgin, SC 29045

3 beds • 2 baths • 1010 sqft

Email

This property might be a fair Long-Term investment with a projected 2.1% first-year return on $38,199 initial cash invested.

2.1%

Cash On Cash

7.15%

Cap Rate

1.15

DSCR

$1,496

Rent

$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,496 income − $1,429 expenses = $67 cash flow

Income$1,496Mortgage P&I$94263%Property Taxes$322%Insurance$654%Management$15010%CapEx$755%Vacancy$906%Maintenance$755%Cash Flow$67

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,199

Downpayment

20%

$36,380

Closing costs

1%

$1,819

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,496

Total Expenses

$1,429

Mortgage P&I

63%

$942

Property Taxes

2%

$32

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis