REI Lense

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$2,756 (target)

1517 Ackerrose Dr., Conway, SC 29527

3 beds • 2 baths • 1264 sqft

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This property might be a fair Mid-Term investment with a projected 6.35% first-year return on $71,949 initial cash invested.

6.35%

Cash On Cash

8.19%

Cap Rate

1.39

DSCR

$2,756

Rent

$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,756 income − $2,375 expenses = $381 cash flow

Income$2,756Mortgage P&I$1,26246%Property Taxes$773%Insurance$903%HOA$9Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%Cash Flow$381

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,949

Downpayment

20%

$51,380

Closing costs

1%

$2,569

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,756

Total Expenses

$2,375

Mortgage P&I

46%

$1,262

Property Taxes

3%

$77

Home Insurance

3%

$90

HOA

0%

$9

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

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