REI Lense

REI Lense

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$2,644 (target)

157 Community Road, North Augusta, SC 29860

3 beds • 2 baths • 1370 sqft

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This property might be a fair Mid-Term investment with a projected 4.46% first-year return on $73,440 initial cash invested.

4.46%

Cash On Cash

7.54%

Cap Rate

1.3

DSCR

$2,644

Rent

$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,440

Downpayment

20%

$52,800

Closing costs

1%

$2,640

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,644

Total Expenses

$2,371

Mortgage P&I

48%

$1,280

Property Taxes

4%

$99

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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