REI Lense

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$2,912 (target)

166 Eagle Lake Rd, North Augusta, SC 29841

3 beds • 3 baths • 2023 sqft

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This property might be a fair Mid-Term investment with a projected 3.77% first-year return on $80,496 initial cash invested.

3.77%

Cash On Cash

7.52%

Cap Rate

1.25

DSCR

$2,912

Rent

$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,912 income − $2,659 expenses = $253 cash flow

Income$2,912Mortgage P&I$1,49751%Property Taxes$692%Insurance$1054%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$253

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,496

Downpayment

20%

$59,520

Closing costs

1%

$2,976

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,912

Total Expenses

$2,659

Mortgage P&I

51%

$1,497

Property Taxes

2%

$69

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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