REI Lense

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$3,182 (target)

164 Pendock Ln, Piedmont, SC 29673

3 beds • 2 baths • 2020 sqft

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This property might be a fair Mid-Term investment with a projected 0.33% first-year return on $94,314 initial cash invested.

0.33%

Cash On Cash

6.42%

Cap Rate

1.09

DSCR

$3,182

Rent

$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,182 income − $3,156 expenses = $26 cash flow

Income$3,182Mortgage P&I$1,79156%Property Taxes$1124%Insurance$1294%HOA$431%Management$38212%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%Cash Flow$26

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,314

Downpayment

20%

$72,680

Closing costs

1%

$3,634

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,182

Total Expenses

$3,156

Mortgage P&I

56%

$1,791

Property Taxes

4%

$112

Home Insurance

4%

$129

HOA

1%

$43

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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