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1667 Cherokee Rd, Florence, SC 29501

3 beds • 2 baths • 1919 sqft

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This property might be a fair Long-Term investment with a projected 2.23% first-year return on $41,916 initial cash invested.

2.23%

Cash On Cash

6.73%

Cap Rate

1.18

DSCR

$1,835

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,916

Downpayment

20%

$39,920

Closing costs

1%

$1,996

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,835

Total Expenses

$1,757

Mortgage P&I

52%

$950

Property Taxes

15%

$269

Home Insurance

3%

$60

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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