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$3,362 (target)

1767 Wabash Pl, Boiling Springs, SC 29316

3 beds • 2 baths • 1901 sqft

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This property might be a fair Mid-Term investment with a projected 3.14% first-year return on $94,797 initial cash invested.

3.14%

Cash On Cash

7.12%

Cap Rate

1.21

DSCR

$3,362

Rent

$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,362 income − $3,114 expenses = $248 cash flow

Income$3,362Mortgage P&I$1,78753%Property Taxes$9Insurance$1304%HOA$461%Management$40312%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$37011%Cash Flow$248

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,797

Downpayment

20%

$73,140

Closing costs

1%

$3,657

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,362

Total Expenses

$3,114

Mortgage P&I

53%

$1,787

Property Taxes

0%

$9

Home Insurance

4%

$130

HOA

1%

$46

Property Management

12%

$403

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$370

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