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$2,150 (target)

161 Academy Dr, Pickens, SC 29671

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Mid-Term investment with a projected -4.3% first-year return on $75,435 initial cash invested.

-4.3%

Cash On Cash

5.92%

Cap Rate

0.88

DSCR

$2,150

Rent

-$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,150 income − $2,420 expenses = $270 out of pocket

Income$2,150Out of Pocket$270Mortgage P&I$1,53471%Property Taxes$603%Insurance$964%Management$25812%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,435

Downpayment

20%

$54,700

Closing costs

1%

$2,735

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,150

Total Expenses

$2,420

Mortgage P&I

71%

$1,534

Property Taxes

3%

$60

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

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