REI Lense

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$1,888 (target)

135 Skyview Dr, Spartanburg, SC 29303

3 beds • 3 baths • 1905 sqft

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This property looks like a bad Long-Term investment with a projected -5.21% first-year return on $61,047 initial cash invested.

-5.21%

Cash On Cash

5.17%

Cap Rate

0.88

DSCR

$1,888

Rent

-$265

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,888 income − $2,153 expenses = $265 out of pocket

Income$1,888Out of Pocket$265Mortgage P&I$1,42475%Property Taxes$1347%Insurance$1056%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,047

Downpayment

20%

$58,140

Closing costs

1%

$2,907

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,888

Total Expenses

$2,153

Mortgage P&I

75%

$1,424

Property Taxes

7%

$134

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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