REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,845 (target)

2 Julian Bond Ln, Spartanburg, SC 29307

3 beds • 2 baths • 1056 sqft

Email

This property could be a profitable Mid-Term investment with a projected 25.53% first-year return on $34,779 initial cash invested.

25.53%

Cash On Cash

18.38%

Cap Rate

2.99

DSCR

$1,845

Rent

$740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,845 income − $1,105 expenses = $740 cash flow

Income$1,845Mortgage P&I$41022%Property Taxes$402%Insurance$282%Management$22112%CapEx$744%Vacancy$553%Maintenance$744%Other$20311%Cash Flow$740

Investment Breakdown

|

Purchase Price

$79,900

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,779

Downpayment

20%

$15,980

Closing costs

1%

$799

Rehab

0%

$0

Furnishing

23%

$18,000

Cashflow

Total Income

$1,845

Total Expenses

$1,105

Mortgage P&I

22%

$410

Property Taxes

2%

$40

Home Insurance

2%

$28

HOA

0%

$0

Property Management

12%

$221

CapEx

4%

$74

Vacancy

3%

$55

Maintenance

4%

$74

Other

11%

$203

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis