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$2,962 (target)

1938 West Homewood Rd., Conway, SC 29526

3 beds • 2 baths • 1097 sqft

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This property could be a profitable Mid-Term investment with a projected 11.65% first-year return on $65,733 initial cash invested.

11.65%

Cash On Cash

10.22%

Cap Rate

1.64

DSCR

$2,962

Rent

$638

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,962 income − $2,324 expenses = $638 cash flow

Income$2,962Mortgage P&I$1,17940%Property Taxes$572%Insurance$823%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%Cash Flow$638

Investment Breakdown

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Purchase Price

$227k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,733

Downpayment

20%

$45,460

Closing costs

1%

$2,273

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,962

Total Expenses

$2,324

Mortgage P&I

40%

$1,179

Property Taxes

2%

$57

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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