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146 Back Tee Cir, Summerville, SC 29485

3 beds • 3 baths • 2152 sqft

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This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $92,988 initial cash invested.

-9.89%

Cash On Cash

4.14%

Cap Rate

0.7

DSCR

$2,400

Rent

-$766

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,988

Downpayment

20%

$88,560

Closing costs

1%

$4,428

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,400

Total Expenses

$3,166

Mortgage P&I

91%

$2,172

Property Taxes

9%

$213

Home Insurance

7%

$157

HOA

0%

$0

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

130 Paddle Boat Way, Summerville, SC 29485

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2117

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203 Magnolia Garden Dr, Summerville, SC 29483

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3

2.5

2470

0.6 mi

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$2,495

3

2.5

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2 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

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$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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