REI Lense

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$2,125 (target)

151 E Mountain Creek Rd, Greenville, SC 29609

3 beds • 2 baths • 1535 sqft

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This property looks like a bad Long-Term investment with a projected -7.11% first-year return on $75,285 initial cash invested.

-7.11%

Cash On Cash

4.79%

Cap Rate

0.81

DSCR

$2,125

Rent

-$446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,125 income − $2,571 expenses = $446 out of pocket

Income$2,125Out of Pocket$446Mortgage P&I$1,77183%Property Taxes$1206%Insurance$1286%Management$21210%CapEx$1065%Vacancy$1286%Maintenance$1065%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,285

Downpayment

20%

$71,700

Closing costs

1%

$3,585

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,125

Total Expenses

$2,571

Mortgage P&I

83%

$1,771

Property Taxes

6%

$120

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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