REI Lense

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$3,168 (target)

14 Granite Woods Way, Greer, SC 29650

3 beds • 2 baths • 1573 sqft

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This property might be a fair Mid-Term investment with a projected 4.03% first-year return on $82,197 initial cash invested.

4.03%

Cash On Cash

7.56%

Cap Rate

1.26

DSCR

$3,168

Rent

$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,168 income − $2,892 expenses = $276 cash flow

Income$3,168Mortgage P&I$1,52248%Property Taxes$1555%Insurance$1144%HOA$241%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$276

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,197

Downpayment

20%

$61,140

Closing costs

1%

$3,057

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,168

Total Expenses

$2,892

Mortgage P&I

48%

$1,522

Property Taxes

5%

$155

Home Insurance

4%

$114

HOA

1%

$24

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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