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$2,589 (target)

2 Maid Lynn Ct, Irmo, SC 29063

3 beds • 3 baths • 1500 sqft

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This property could be a profitable Mid-Term investment with a projected 11.05% first-year return on $59,160 initial cash invested.

11.05%

Cash On Cash

10.33%

Cap Rate

1.62

DSCR

$2,589

Rent

$545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,589 income − $2,044 expenses = $545 cash flow

Income$2,589Mortgage P&I$1,03940%Property Taxes$542%Insurance$693%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$545

Investment Breakdown

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Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,160

Downpayment

20%

$39,200

Closing costs

1%

$1,960

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,589

Total Expenses

$2,044

Mortgage P&I

40%

$1,039

Property Taxes

2%

$54

Home Insurance

3%

$69

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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