REI Lense

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$2,241 (target)

1767 Wabash Pl, Boiling Springs, SC 29316

3 beds • 2 baths • 1901 sqft

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This property looks like a bad Long-Term investment with a projected -4.89% first-year return on $76,797 initial cash invested.

-4.89%

Cash On Cash

5.2%

Cap Rate

0.89

DSCR

$2,241

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,241 income − $2,554 expenses = $313 out of pocket

Income$2,241Out of Pocket$313Mortgage P&I$1,78780%Property Taxes$9Insurance$1306%HOA$462%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,797

Downpayment

20%

$73,140

Closing costs

1%

$3,657

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,241

Total Expenses

$2,554

Mortgage P&I

80%

$1,787

Property Taxes

0%

$9

Home Insurance

6%

$130

HOA

2%

$46

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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