REI Lense

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$3,206 (target)

1432 Blackbird Dr, Clover, SC 29710

3 beds • 2 baths • 1436 sqft

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This property might be a fair Mid-Term investment with a projected 3.84% first-year return on $88,329 initial cash invested.

3.84%

Cash On Cash

7.45%

Cap Rate

1.25

DSCR

$3,206

Rent

$283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,206 income − $2,923 expenses = $283 cash flow

Income$3,206Mortgage P&I$1,66852%Property Taxes$481%Insurance$1174%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%Cash Flow$283

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,206

Total Expenses

$2,923

Mortgage P&I

52%

$1,668

Property Taxes

2%

$48

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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